A confidential correspondence prepared for Jeffrey Epstein discussing a 510-15mm total return swap on the CROCI index, focusing on dividend-paying US equities. The document outlines the benefits of active valuation for passive price, quantitative selection, and tax-efficient exposure via total-return swap. It includes a strategy for long/short positions and mentions the involvement of Joe Hall from the CROCI team.
doj/DataSet10/EFTA01454222.pdf
{"title":"Consider: 510-15mm Total Return Swap on Cash Return On Capital Invested (CROCI), 3mL+85bps [c]","key_people":["Jeffrey Epstein","Joe Hall"],"document_date":"04/08/2014","document_type":"correspondence","key_organizations":["Key Client Partners (KCP)","DB CROCI Analyst team","DB GM Equity Derivatives"],"reference_numbers":["DB-SDNY-0112209","SDNY_GM_00258393","EFTA01454222"]}