MD approval for ACUs completed for high risk clients [I]
Classification: For internal use only
Dear Andrew,
Below are the ACUs which were completed for High Risk customers this month.
All the below ACUs were completed showing no material changes to the client's circumstances.
Please review the ACU comments, and reply back with your approval.
Annual Client Update: ID
GCIS Customer Number
Customer Name
MD
Annual Client Update: Created Date
A14.
A15. Client Status Update Description
A16.
A17.
Customer Owner
EFTA01432537
82109
00000481084
Batmasian, James H.
Andrew Gallivan
2/7/2017
No changes to report.
No changes to report. Purpose of the call was for new banker and credit specialist to get background on the relationship.
Yes
No
Rachel Maglicic
81987
00000409100
Black, Leon D.
Andrew Gallivan
2/3/2017
client is CEO of Apollo Global management. Family office established in 2014 to manage family wealth.
Distributions from APO and other diversified investments.
Yes
No
Stewart Oldfield
81990
00000486427
J. Epstein Virgin Islands Foundation, Inc
Andrew Gallivan
EFTA01432538
2/3/2017
Private foundation
investment income
Yes
No
Stewart Oldfield
81991
00000486423
Jeepers, Inc
Andrew Gallivan
2/3/2017
Jeepers is sub S managing various investments
investment activities, advisory services
Yes
No
Stewart Oldfield
81989
00000487266
Mort, Inc
Andrew Gallivan
2/3/2017
Mort is entity holding shares of private company Jawbone
Holds private investment
No
EFTA01432539
No
Stewart Oldfield
81994
00000486428
The Haze Trust
Andrew Gallivan
2/3/2017
Investment vehicle
No change
Yes
No
Stewart Oldfield
82165
00000489410
Frederic B. Luddy CRT
Andrew Gallivan
2/9/2017
Frederick is founder and senior executive at ServiceNow, a publicly traded information technology company. Fred originally funded the LLC with ServiceNow stock.
No new status update
No
No
Thomas-B Mayer
81647
EFTA01432540
00000479884
CAGD Holdings Ltd
Andrew Gallivan
1/24/2017
no material changes
no material changes
No
No
Trevor Spinney
82226
00000430894
Penn Services LTD
Andrew Gallivan
2/15/2017
Brian Convey speaks with client quarterly to review account
There are no changes to clients employment status, health or primary residence
No
No
Brian Convey
81933
00000524646
AFSF III AIV-OmegaFi L.P.
Andrew Gallivan
2/1/2017
EFTA01432541
RE Investment
The account has no assets in it
No
No
Joanne Jensen
81934
00000496055
Aquiline Capital Partners III GP (Offshore) Ltd.
Andrew Gallivan
2/1/2017
The client is a hedge fund.
The client holds $3MM in secured lending and $64K in a money market account here at DB.
No
No
Joanne Jensen
81708
00000494253
Aquiline Financial Services Fund III LP
Andrew Gallivan
1/25/2017
This client is a private equity fund of one of our largest clients.
The fund currently has a secured credit facility of $93MM and $208K on deposit with DB.
No
No
EFTA01432542
Joanne Jensen
81818
00000412442
Aquiline Holdings LLC
Andrew Gallivan
1/30/2017
Aquiline maintains its strategy of a private equity investments focusing on financial and insurance industry buyouts.
Aquiline maintains its strategy of a private equity investments focusing on financial and insurance industry buyouts.
No
No
Joanne Jensen
81723
00000411484
Aquiline Holdings LP
Andrew Gallivan
1/25/2017
Aquiline maintains its strategy of a private equity investments focusing on financial and insurance industry buyouts
Aquiline maintains its strategy of a private equity investments focusing on financial and insurance industry buyouts
No
No
Joanne Jensen
81817
EFTA01432543
00000411484
Aquiline Holdings LP
Andrew Gallivan
1/30/2017
Aquiline maintains its strategy of a private equity investments focusing on financial and insurance industry buyouts
Aquiline maintains its strategy of a private equity investments focusing on financial and insurance industry buyouts
No
No
Joanne Jensen
82169
00000528991
BPP F.1 DE City L.P.
Andrew Gallivan
2/10/2017
Private Equity Investment Vehicle
PE Fund
No
No
Joanne Jensen
82170
00000528989
BPP F.1 DE East Union L.P.
Andrew Gallivan
EFTA01432544
2/10/2017
Private Equity Investment Vehlcle PE No No Joanne Jensen
82171
00000528990
BPP F.1 DE Southern Palm L.P.
Andrew Gallivan
2/10/2017
PE Investment Fund
PE Investments
No
No
Joanne Jensen
82168
00000528992
BPP F.2 DE City L.P.
Andrew Gallivan
2/10/2017
This is a PE Fund managed by Blackstone.
PE Fund
No
No
EFTA01432545
Joanne Jensen
82069
00000491332
Casterlirock Holdings, LLC
Andrew Gallivan
2/6/2017
the client holds a $10MM mortgage for a property in Soho, Manhattan.
In addition to the mortgage, the client has $55K on deposit with DB to pay operating expenses on the property.
No
No
Joanne Jensen
82065
00000483625
Digital Asset Services LLC
Andrew Gallivan
2/6/2017
This account is owned by the Winklevoss brothers as a private investment account.
the account currently holds approx. $70K in assets.
No
No
Joanne Jensen
81775
00000465806
EFTA01432546
Hymowitz, Jenna
Andrew Gallivan
1/26/2017
This client is the daughter of Gregg Hymowitz. The account is a joint checking account with her father.
The account holds minimal assets: —$2K
No
No
Joanne Jensen
81709
00000409944
Kalish, Geoffrey
Andrew Gallivan
1/25/2017
Private Equity
Client has approximately $25MM in investable assets of which DB currently has $17M. No material changes
No
No
Joanne Jensen
82068
00000485138
Winklevoss IP LLC
Andrew Gallivan
2/6/2017
EFTA01432547
the client has approx. $3,600 on deposit.
The entity is created for the sole purpose of holding/investing in patents.
No
No
Joanne Jensen
82067
00000485139
Winklevoss Ventures LLC
Andrew Gallivan
2/6/2017
This account is owned by the Winklevoss brothers as a private investment account.
Currently, minimal assets are on deposit; —$10K
No
No
Joanne Jensen
82106
00000499901
WP Private Equity X, Inc.
Andrew Gallivan
2/7/2017
This account is part of a syndicated credit facility. We have a loan in the amount of $18 mio
Warburg Pincus has invested more than $58 billion in more than 760 companies in more than 40 countries around the world No
EFTA01432548
No
Joanne Jensen
81793
00000471000
Hernstadt, Zoe Claire
Andrew Gallivan
1/26/2017
We have met with Zoe's parents, Bill and Jerene Hernstadt, over the past year. I have also communicated with Zoe email. There are no material changes to report at this time.
We have met with Zoe's parents, Bill and Jerene Hernstadt, over the past year. I have also communicated with Zoe email. There are no material changes to report at this time.
No
No
Liz Payne
82178
00000496153
Alpine Homes, LLC
Andrew Gallivan
2/10/2017
Michael L. DeGeorge is the grandson of the late Florence and Lawrence J. DeGeorge. In addition to inherited family wealth and Trusts, Michael is a Partner and Founder of MDeG Investment Group, LLC. He derives income from business revenues and private investments.
Terrence and Rebecca spoke to Mike on the phone to discuss a cash transfer as well as congratulate him on his new baby girl.
Yes
No
EFTA01432549
Terrence Tangney
82129
00000459011
Bredesen, Philip
Andrew Gallivan
2/8/2017
Philip Bredesen founded HealthAmerica Corp. in 1975 and sold the business in 1986. After selling his company, Mr. Bredesen ran for Governor of Tenneessee and won. Since he made so much money from the sale of his business, when he became Governor, Mr. Bredesen refused a salary. Deutsche Bank does not communicate directly with Mr. Bredesen. All transaction requests and account inquiries are handled through Hirtle, Callaghan & Co.
Discussed the pricing of the loan outstanding
Yes
No
Terrence Tangney
82179
00000489336
DeGeorge, Brooke T.
Andrew Gallivan
2/10/2017
Casey DeGeorge is Peter M DeGeorge's wife. They are parents to Brooke DeGeorge and Payton DeGeorge. We are opening an UTMA for Brooke and Payton which is a distribution from their great grandparents trust (450815 - FLORENCE & LAWRENCE DEGEORGE 2008 IRR TR)
Rebecca spoke with Peter DeGeorge in regards to transactions involving their joint accounts and their children's UGMA accounts.
Yes
No
EFTA01432550
Terrence Tangney
81995
00000456209
Cerberus Capital Management, L.P.
Andrew Gallivan
2/3/2017
$60MM deposit on 2/3/16.
Private Equity.
Yes
No
Terri Sohrab
81997
00000493755
Elderberry X, LLC
Andrew Gallivan
2/3/2017
no material changes
no material changes
No
No
Terri Sohrab
82005
00000460090
Function(x) Inc.
EFTA01432551
Andrew Gallivan
2/3/2017
no material changes
no changes
No
No
Terri Sohrab
82104
00000478687
IDL Wheel Tenant, LLC
Andrew Gallivan
2/7/2017
no material changes. client would like to open an additional account to depost rent for this entity.
No
No
Terri Sohrab
82020
00000415485
MJX, LLC
Andrew Gallivan
2/3/2017
no change
No changes
EFTA01432552
No No Terri Sohrab
82022 00000418125 Sea Change Foundation Andrew Gallivan 2/3/2017 no material changes no material changes No No Terri Sohrab
82001 00000472894 SFX Entertainment Inc. Andrew Gallivan 2/3/2017 accounts have closed as of 2/1/2016 accounts have closed as of 2/1/2016 No No Terri Sohrab
82019
EFTA01432553
00000408988
Sillerman, Robert F.X.
Andrew Gallivan
2/3/2017
no material changes
no changes
No
No
Terri Sohrab
82009
00000457803
Sillerman Investment Corporation
Andrew Gallivan
2/3/2017
no changes
no changes
No
No
Terri Sohrab
82014
00000423456
The 2000 Robert and Laura Sillerman Descendants' Trust
Andrew Gallivan
2/3/2017
EFTA01432554
no changes
no material change
No
No
Terri Sohrab
Please let me know if you have any questions
Regards,
Vaishali Mehta
Head of Anti-Money Laundering Business Risk Deutsche Bank Wealth Management
101 California Street, Suite 2400, San Francisco, CA USA Tel. + Mobil Email
EFTA01432555