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From:
Sent: Fri 11/10/2017 1:52:43 PM
Subject: Energy Op

Hope all is well with you.

I'm just back from London, but if around next week, wanted Jeffrey to gauge an energy deal. So please pass on... This has all the hallmarks of PE and also plays well into a chemicals theme. So it's a strong high IRR op.

Would need to execute an NDA. Given this is near term and would allow him to fully understand the opportunity.

It is thru one of our public portfolio companies. Where we have a stake and are now looking to increase it.

This deal op is between $600-800mm. So we're looking for up to $30mm for Livermore to hold pro-rata. And thus a new backer.

In the meantime, we have increased our stake in the public market and want to do more. So very near term, our needs are $5-10mm. To acq one block from a legacy holder. The $30mm can be defter into mid 2018. If even needed at all..

Yours,

David
Founder/CIO
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