EMAIL DETAILS

Hunter,

Please see below. Let me know how you would like me to respond. William is a friend and an RSTP LP who us working for Ronald Lauder.

Best,

John

Sent from my iPhone

Begin forwarded message:

> From: "William B. Nettles Jr" <williamnettles@gmail.com>
> Date: February 6, 2014 at 1:02:17 AM EST
> To: John DeLoche <jdeloche@rosemontseneca.com>
> Subject: FW: Pizza Hut - Africa
>
> See below from Dana – thanks a lot in advance.
>
> William
>
> From: Dana Reed <dreed@picinvest.com>
> Date: Thursday, February 6, 2014 6:25 AM
> To: "William B. Nettles Jr" <williamnettles@gmail.com>
> Subject: Re: Pizza Hut - Africa
>
> Marathon is the operating company that would be the Franchisee to Yum! ( Franchisor). Marathon is raising $20mm to open up Pizza Hit Franchises in South Africa. The company tells me that they are awaiting a term sheet from a Nigerian family that would lead the deal with $10mm. They also represented that Hinter Biden has been working with them on this idea for a year now and is considering investing personally along with other partners at Rosemont and potentially Rosemont would invest as well. PIC is considering a $1-3mm investment, but is just starting diligence having just met the management of Marathon last week. It would help our diligence greatly if you could get a read on it all from Rosemont.
>
> Make sense?
>
> Dana M Reed
> Chief Executive Officer
> PanAfrican Investment Company, LLC
> 420 Lexington Ave, Suite 3030
> New York, NY 10170
> +1 (646) 569-5041 Direct
> +1 (646) 539-8703 Cell
> dreed@picinvest.com
>
>> On Feb 4, 2014, at 3:55 AM, "William B. Nettles Jr" <williamnettles@gmail.com> wrote:
>>
>> Please advise - thanks.
>>
>>> On 2/4/14 12:47 PM, "John DeLoche" <jdeloche@rosemontseneca.com> wrote:
>>>
>>> Hi William,
>>>
>>> I will see Hunter in DC on Thurs and will ask him about it.
>>>
>>> What is Marathon representing his involvement to be?
>>>
>>> Best,
>>>
>>> John
>>>
>>> Sent from my iPhone
>>>
>>>> On Feb 3, 2014, at 10:38 PM, "William B. Nettles Jr"
>>>> <williamnettles@gmail.com> wrote:
>>>>
>>>> Hey John -
>>>>
>>>> Hope you are well.
>>>>
>>>> As you know, I am working with PanAfrican Investment Company ­ a family
>>>> office private equity group based in NYC backed by Dick Parsons and
>>>> Ronald Lauder. http://www.picinvest.com
>>>>
>>>> Last week, our CEO Dana Reed (who I want to introduce you to next time
>>>> you are in NYC) was introduced to an idea by the Marathon Group to bring
>>>> the Yum brand Pizza Hut to Sub-Sahara Africa. This is a deal that we
>>>> are really interested in at the moment. I have attached the
>>>> presentation.
>>>>
>>>> In our discussions with Marathon Group, they have mentioned several
>>>> times that they are working with Hunter Biden or have an affiliation in
>>>> some way with him (I have not been on the calls so I don't have the
>>>> exact specifics). In any event, it seems as if Hunter is involved in
>>>> some way.
>>>>
>>>> Dana wanted to know if you wouldn't mind asking Hunter about this deal
>>>> and if he or your firm is involved maybe getting some thoughts on the
>>>> opportunity.
>>>>
>>>> Let me know what you think.
>>>>
>>>> Thanks a lot in advance.
>>>>
>>>> William
>>>> <Yum! Overview January 2014 v38.pdf