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FYI below. Big ask out to Neuberger Berman. They asked what it would take to get $20mm direct in Counsyl and we asked for $100mm into the fund. Fingers crossed. They like to write 150mm checks. Could be a great rshp.

I am in DC Friday through Tuesday w Hunter and Ping. Would be great to see you and possibly Kathleen while we are in town. Let me know if something could work.

Best,

John

Sent from my iPhone

Begin forwarded message:

> From: John DeLoche <jdeloche@rosemontseneca.com>
> Date: April 3, 2014 at 5:49:33 PM EDT
> To: "Suzanne T. Cole" <suzanne@troyinv.com>, Devon Archer <darcher@rosemontseneca.com>, Neil Callahan <ncallahan@rosemontseneca.com>
> Cc: William Lee <will@rstp.com>
> Subject: NB
>
> Just had a call with Tony. Asked for the order, which is a $100mm. He said they are bought into our strategy and think we have a great team. He said the ask is a reasonable one for what they would get in return (first look we coinvests, $20mm direct in Counsyl, advisory board membership). Said he has to talk to his partners and look at what pools of capital it may be able to come from. Committed to getting back to me early next week. He was psyched we signed the TS with Counsyl and is a big believer that deal will do great. He acknowledged that it was a large number or a new rshp but he is going to see what they can do. I left the door open for alternative structures.
>
> Shake and bake!
>
> John
>
> Sent from my iPhon