EMAIL DETAILS

Both of those stuck out at me as well. I am sure we can hear the rationale on the call this afternoon.


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 Dec 20, 2011, at 12:19 AM, Arlene Busch wrote:

> I am sending this from my Contego email for more privacy.
>
> I just finished reading Neil's email and two things stuck out:
> First, their target of raising $250ML in 2012 (and not sure their reasoning for this not being a first fund).
> Second, a minimum raise to form the GP. Maybe I misunderstood the comment but does this mean we see no documentation prior to meeting the minimum AUM?
>
> I have a number of calls tomorrow starting at 10:30am (might not be available to find out the answers prior to our call) so maybe these points can be discussed by one of you on the call.
>
> Arlene Busch
> abusch@contegocapital.com
> 312-498-9595