2307006 Informal Interpretation

Sheinberg, Samuel I.
From:
Sent: 	26, 2023 7:41 AM
To:
Sheinberg, Samuel I.
Wednesda 	Jul
Cc: 	HSRHelp
Subject: 	RE: Fact Pattern Inquiry
Hi-
In situations like th is you can note in Item 4(b ): the UPE is a ne wly-formed ent it y and does not have financial statements.
For Item S(a) you can note at the bottom of the page that the UPE is a ne w ly-formed ent it y wi th no revenue to report.
Sam She inberg
From: HSRHelp <HSRHe lp@ftc.go v>
Sent: Tuesda y, July 25, 2023 4:20 PM
To: Walsh , Kathryn E. <kwalsh@ftc.gov>; Berg, Karen E.<KBERG@ftc.gov>; Musick, Ves seli na <vmu si ck@ftc.gov>;
Shaffer, Kristin <kshaffer@ftc.gov>; She inberg, Samuel I. <SSHE INBERG@ftc.gov>; Six, Anne <a si x@ftc.gov>; W hitehead,
Nora <nw hitehead@ftc.gov>; Fetterman, Michelle <mfetterman@ftc.gov>
Subject: FW: Fact Pattern Inquiry
Fro
Sent
To:
Cc:
Su
He ll o,
Our UPE is a ne wly formed fund that does not ha ve an y audited or unaudited financia ls and no assets. It only has capita l
c ontribut ions at th is stage and our si ze of transact ion exceeds the $ 200M as adjusted threshold, so the size of person
te st is not relev ant to the jur i sd ictional analysi s. Gi ven th is, c an we stipulate that our UPE c urrentl y does not meet the
si ze of person but that due to the si ze of our transaction, the si ze of person analysis is not relevant to the determ ination
of reportabil it y?
Please l et us know if you ha ve an y question s.
Than ks,
1

2