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Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com
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Begin forwarded message:

I'm agreeing that if we can add 3-5 new clients it benefits all. I just want to know who they are and what I need to be doing to secure them..
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From: ncallahan@rosemontseneca.com
Date: Wed, 1 Sep 2010 23:18:49 +0000
To: Eric Schwerin<eschwerin@rosemontseneca.com>; Devon Archer<darcher@rosemontseneca.com>
ReplyTo: ncallahan@rosemontseneca.com
Subject: Re: Firm Management Call

I do like the idea of being a little less "selective" re RSP Fund Advisory. Get the fees in, have them get RSA preference as it comes and we'll see what happens. So maybe add 3-5 RSP Fund Advisory right away, less drama/rigor/selectivity and let it ride for 6-12 months and see what happens.

What were you guys thinking?

Best,

Neil
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From: Eric Schwerin <eschwerin@rosemontseneca.com>
Date: Wed, 1 Sep 2010 19:09:57 -0400
To: <darcher@rosemontseneca.com>
Cc: Neil Callahan<ncallahan@rosemontseneca.com>
Subject: Re: Firm Management Call

This was all part of the discussion Hunter and I had today and obviously why I was anxious to do a management call next week. Really need to figure out those priorities for everyone. It is amazing how a few weeks of not having the call has set us adrift a little. We're all good - but ready for some structure again!

Only thing Hunter and I discussed that differs from what you and Neil listed is whether we "maintain" cash flow or try to grow it a little more before we transition away from current advisory clients work to analytics clients. Don't know whether we have the bandwidth to do it and launch the analytics work, but it may give us all some breathing room and put a little less pressure on analytics generating immediate revenue. Hunter and I came to no immediate conclusions, but realize it is a near term question to address.


Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com
P Consider the environment before printing this email.

On Sep 1, 2010, at 7:00 PM, darcher@rosemontseneca.com wrote:

Concur with your additions.
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From: ncallahan@rosemontseneca.com
Date: Wed, 1 Sep 2010 22:59:17 +0000
To: Devon Archer<darcher@rosemontseneca.com>; Eric Schwerin<eschwerin@rosemontseneca.com>
ReplyTo: ncallahan@rosemontseneca.com
Subject: Re: Firm Management Call

Eric, your revised FoF plan with MXL sounds better. Keep me posted and we'll cover on next weeks Mgmt Status.

I agree with Devon's priorities, and I'll add:

- maintain cash flow and current business until deemed not needed.
- ensure Neil is solvent and gets on a diet post-Labor Day.

Best,

Neil
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From: darcher@rosemontseneca.com
Date: Wed, 1 Sep 2010 22:48:13 +0000
To: Neil Callahan<ncallahan@rosemontseneca.com>; Eric D. Schwerin<eschwerin@rosemontseneca.com>
ReplyTo: darcher@rosemontseneca.com
Subject: Re: Firm Management Call

If Arlene can manage the FoFs I'm all for it. I can be very supportive as well. I cannot make it a top 3 priority for me individually:

1. Analytics
2. Co-Invest & PE SPVs current and future
3. Real Estate

4. Etc.
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From: ncallahan@rosemontseneca.com
Date: Wed, 1 Sep 2010 22:41:38 +0000
To: Devon Archer<darcher@rosemontseneca.com>; Eric Schwerin<eschwerin@rosemontseneca.com>
ReplyTo: ncallahan@rosemontseneca.com
Subject: Re: Firm Management Call

Cool - what do you think of the FoF plan . . .
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From: darcher@rosemontseneca.com
Date: Wed, 1 Sep 2010 22:40:30 +0000
To: Neil Callahan<ncallahan@rosemontseneca.com>; Eric D. Schwerin<eschwerin@rosemontseneca.com>
ReplyTo: darcher@rosemontseneca.com
Subject: Re: Firm Management Call

Fantasy Football
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From: ncallahan@rosemontseneca.com
Date: Wed, 1 Sep 2010 22:39:45 +0000
To: Devon Archer<darcher@rosemontseneca.com>; Eric Schwerin<eschwerin@rosemontseneca.com>
ReplyTo: ncallahan@rosemontseneca.com
Subject: Re: Firm Management Call

Hey guys,

What's the RSP FF meeting?

If that is Fund of Funds here is the latest as I know it;

as per Eric's advice, I've teed up Marc L to come to DC mid/late Sept to review the Fund of Funds concept with us and all the components and to help facilitate through our options and to arrive at the products/venture that we agree on.

Seems like the current FoF product structure is not supported, thus we need to decide to close out or modify the product design and then decide a path forward if any.

I was planning on looping Arlene into this mix post Labor Day with Marc to prep for the session and then put in on your calendars plus CDH RHB.

Does this still make sense?

Let me know.

Best,

Neil
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From: darcher@rosemontseneca.com
Date: Wed, 1 Sep 2010 22:01:37 +0000
To: Eric D. Schwerin<eschwerin@rosemontseneca.com>; Hunter Biden<hbiden@rosemontseneca.com>; Neil Callahan<ncallahan@rosemontseneca.com>; Chris Heinz<cheinz@rosemontseneca.com>
ReplyTo: darcher@rosemontseneca.com
Cc: Anne Marie Person<amperson@rosemontseneca.com>
Subject: Re: Firm Management Call

Later in the day is better. We have our LP quarterly call Wednesday at noon and the RSP FF draft at 3pm.
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From: Eric Schwerin <eschwerin@rosemontseneca.com>
Date: Wed, 1 Sep 2010 17:58:54 -0400
To: Hunter Biden<hbiden@rosemontseneca.com>; darcher@rosemontseneca.com Archer<darcher@rosemontseneca.com>; Neil Callahan<ncallahan@rosemontseneca.com>; Chris Heinz<cheinz@rosemontseneca.com>
Cc: Anne Marie Person<amperson@rosemontseneca.com>
Subject: Firm Management Call

Can we re-schedule our firm management call for Wednesday the 8th this week? Monday is Labor Day and I think Hunter and Chris can't do Tuesday. Since we haven't had one for a number of weeks because of vacations, etc., I think it'd be good to do one next week if we can.

I think 2 or 3 works on our end.


Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com
P Consider the environment before printing this email.