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Hi guys,


Please take a look at the attached working document outlining what we are
calling the "Global Risk" opportunity. We are trying to frame potentially
how we can leverage RSP's collective progress to-date and how it could be
blow out into a services offering as well as a PE/Merchant Bank Fund
opportunity over time.


Chris, Devon, Rob Mitchell and I will review tomorrow 9-11am EST.


Once we get some feedback and direction, we will give you guys some
direction on how high level or how deep to potentially go in your meetings
tomorrow in New Mexico.


We have not gotten any feedback from Chris yet, so hold this tight until we
get some direction.


Devon - once we finish up tomorrow - let's huddle and try and catch Jay and
Hunter.


We can do it immediately following the Trans Atlantic call (which should end
at 12pm EST / 10am MST).


I have designed the presentation so that slides 1-6 would be enough to
review the concept (for Jay and Hunter tomorrow) and the remaining slides
are internally focused on how we'd potentially proceed to get this done.


Let me know if you have any questions.


Best,


Neil


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Neil Callahan

Rosemont Seneca

401 Greenwich Street, Suite 400 | New York NY 10013 | 212-933-9965 |
212-796-4037

1010 Wisconsin Avenue, Suite 705 | Washington DC 20007 | 202-333-1880

917-945-9516 (mobile)

866-749-8879 (fax)