2411004 Informal Interpretation

Sheinberg, Samuel I.
From: 	HSRH elp
Sent: 	Thursday, N ovember 21, 2024 12:4 5 PM
To: 	Wal sh, Kathryn E.; Berg, Karen E.; M us i ck, Vesseli na; Shaffer, Kri st in; She inberg, Samuel I. ;
W hitehead, Nora; Fette rman, M ichelle; Burton, June; Larson, Peter
Subject: 	FW : Item 4c-d Product ion Question
From: Si x, Anne <asix@ftc.gov>
Sent : Thursday, November 21 , 2024 12:45 : 19 PM (UTC-05:00) Eastern Time ( US & Ca nada)
To:
Cc : HSRHe lp < HSRHe lp@ftc.gov>
Subject: RE: Item 4c-d Production Question
1111
Yes, that 's the cor rect process. Please make sure to indicate on the cert ification and index that the submi ss ion is on
beha lf of the PE Firm in connection wi th the UP E's filing and explain in y our cover letter w hy the PE Firm is submitt ing
the documents. Addit ionally, the documents subm itte d by the PE Firm should be numbered consecutively fo llow ing the
UP E' s documents ( i. e. if UPE has eight 4c documents, PE Firm' s submi ss ion wou ld begin at 4c-9). If you choose to limit
the cert ification, please use the fo ll ow ing language: Th is Ce rt ification is li mite d to [ PE Firm' s] response to Items 4(c) and
4(d) of the Fo rm fi led by [ UPE ].
Best,
Anne
From : HSRHelp <HSRHe lp@ftc.gov>
Se nt: Thursday, November 21 , 2024 10 :54 AM
To: Walsh , Kathryn E. <kwalsh@ftc.gov>; Berg, Karen E. <KBERG@ftc.gov>; Musick, Vesse li na <vmusick@ftc.gov>;
Shaffer, Kr istin <kshaffer@ftc.gov>; She inberg, Samuel I. <SSH EINBERG@ftc.gov>; Six, Anne <as ix@ftc.gov>; W hitehead,
Nora <nwhitehead@ftc.gov>; Fetterman , M ichelle <mfette rman@ftc.gov>; Burton, June <jburton@ftc.gov>; La rson,
Peter <plarson@ftc.gov>
Subject: FW : Item 4c-d Production Question
From:
Sent : Thursda y, November 21 , 2024 10:54:03 AM (UTC-05:00) Eastern Time ( US & Ca nada)
To: HSRHe lp < HSRHe lp@ftc.gov>
Subject: Item 4c-d Produ ction Question
Dea r PNO Staff:
I am counseling on a matter where my cli ent is a PE Firm. The PE Firm is organizi ng co-investors to invest in a Bu y er
Ne wco that w ill acquire Ta rget. Co- Investor 1 will be the UP E of the acquiri ng ent it y and therefore Co- Investor 1, w hich
is out side of the PE fund family, is preparing the HSR filing. I expect that my PE cl i ent could ha ve Item 4c-d documents
since it will ha ve off ice rs and directors slated to serve at the Bu y er Ne wco. Because such documents are confidential, PE
Firm would want to separately produce the documents to the FT C and DOJ on the day Co- Investor fil es HSR . Could you
please confi rm that the PNO 's process for accepting such pr oduct ion is that PE Fi rm will label such documents, create a
separate Item 4c-d Index, up load to Kite Works such labeled documents and separate Item 4c-d index along w ith an
explanatory cover letter and cert ification page signed by the appropriate officer or director at PE Fi rm ?
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