● Nominee Report | U.S. Office of Government Ethics; 5 C.F.R. part 2634 | Form Approved: OMB No. (3209-0001) (March 2014) Executive Branch Personnel Public Financial Disclosure Report (OGE Form 278e) Filer's Information Ross, Wilbur L Secretary, Department of Commerce Other Federal Government Positions Held During the Preceding 12 Months: None Names of Congressional Committees Considering Nomination: Committee on Commerce, Science, and Transportation Electronic Signature - I certify that the statements I have made in this form are true, complete and correct to the best of my knowledge. /s/ Ross, Wilbur L [electronically signed on 12/19/2016 by Ross, Wilbur L in Integrity.gov] Agency Ethics Official's Opinion - On the basis of information contained in this report, I conclude that the filer is in compliance with applicable laws and regulations (subject to any comments below). /s/ Maggi, David, Certifying Official [electronically signed on 01/15/2017 by Maggi, David in Integrity.gov] Other review conducted by U.S. Office of Government Ethics Certification /s/ Shaub, Walter M, Certifying Official [electronically signed on 01/15/2017 by Shaub, Walter M in Integrity.gov]
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●
Nominee Report | U.S. Office of Government Ethics; 5 C.F.R. part 2634 | Form Approved: OMB No. (3209-0001) (March 2014)
Executive Branch Personnel
Public Financial Disclosure Report (OGE Form 278e)
Filer's Information
Ross, Wilbur L
Secretary, Department of Commerce
Other Federal Government Positions Held During the Preceding 12 Months:
None
Names of Congressional Committees Considering Nomination:
Committee on Commerce, Science, and Transportation
Electronic Signature - I certify that the statements I have made in this form are true, complete and correct to the best of my knowledge.
/s/ Ross, Wilbur L [electronically signed on 12/19/2016 by Ross, Wilbur L in Integrity.gov]
Agency Ethics Official's Opinion - On the basis of information contained in this report, I conclude that the filer is in compliance with applicable laws and regulations
(subject to any comments below).
/s/ Maggi, David, Certifying Official [electronically signed on 01/15/2017 by Maggi, David in Integrity.gov]
Other review conducted by
U.S. Office of Government Ethics Certification
/s/ Shaub, Walter M, Certifying Official [electronically signed on 01/15/2017 by Shaub, Walter M in Integrity.gov]
1. Filer's Positions Held Outside United States Government
# ORGANIZATION NAME CITY, STATE ORGANIZATIONTYPE
POSITION HELD FROM TO
1 Palm Beach Preservation Foundation See Endnote Palm Beach,Florida
Non-Profit Trustee 1/2010 Present
2 Harvard Business School Club of New York See Endnote New York, NewYork
Social Club Director 1/2011 Present
3 The Partnership for New York City See Endnote New York, NewYork
Non-Profit Member of theExecutiveCommittee
1/2010 Present
4 WL Ross and Co. LLC Wilmington,Delaware
Limited LiabilityCompany
Chairman/ChiefStrategy Officer
10/1997 Present
5 Sun National Bank Vineland, NewJersey
Bank Director 9/2010 Present
6 Nexeo Solutions The Woodlands,Texas
Chemicals/Plastics Distribution
Chairman 3/2014 Present
7 BankUnited FSB, BankUnited, Inc. Miami Lakes,Florida
Banks Director 5/2009 3/2014
8 First Michigan Bank/Talmer Bancorp Troy, Michigan Bank Director 4/2010 11/2014
9 WLR China Energy Associates, Ltd. Cayman Islands,Outside U.S.
25.2.1 Masters Capital Nanotechnology Fund, LP. No
25.2.1.1
Daylight Solutions, Inc. N/A
25.2.1.2
Nanosys, Inc. N/A
26 WLR Nanotechnology LP LLC No $500,001 -$1,000,000
None (or lessthan $201)
26.1 Masters Capital Nanotechnology Fund, LP. See Endnote No
# EMPLOYER OR PARTY CITY, STATE STATUS AND TERMS DATE
1 Invesco, Ltd. Atlanta, Georgia I received restricted shares of stock as part of mycompensation at Invesco. Generally, those restrictedshares vest in equal tranches over a four-year periodafter the date on which they were granted, butInvesco has a policy of vesting all outstandingunvested shares upon a friendly termination. Mytermination is considered friendly, so my outstandingunvested shares will vest once I resign from Invesco.
2/2013
# EMPLOYER OR PARTY CITY, STATE STATUS AND TERMS DATE
2 WLR Recovery Associates II, LLC New York, NewYork
I am Managing Member of this entity, which serves asGeneral Partner ("GP") of various underlying funds.The GP is entitled to a carried interest. After investorsrecoup their principal plus an 8% return, the GeneralPartner receives 2% as a carried interest. Any profitabove that is divided 80% to investors, 20% to theGeneral Partner.
3/2002
3 WLR Recovery Associates III, LLC New York, NewYork
WL Ross Group LP serves as Managing Member ofthis entity, which serves as General Partner ("GP") ofvarious underlying funds. The GP is entitled to acarried interest. After investors recoup their principalplus an 8% return, the General Partner receives 2% asa carried interest. Any profit above that is divided80% to investors, 20% to the General Partner.
8/2005
4 WLR Recovery Associates IV, LLC New York, NewYork
WL Ross Group LP serves as Managing Member ofthis entity, which serves as General Partner ("GP") ofvarious underlying funds. The GP is entitled to acarried interest. After investors recoup their principalplus an 8% return, the General Partner receives 2% asa carried interest. Any profit above that is divided80% to investors, 20% to the General Partner.
11/2007
5 Exco Resources, Inc. Dallas, Texas Restricted stock arrangement for Directors in whichrestricted shares vest on the one-year anniversaryafter the date on which they were granted.Approximately half of my outstanding unvested Excoshares vested in late December 2016 and the rest willvest at the end of 2017.
12/2015
6 WLR Recovery Associates V, LLC New York, NewYork
WL Ross Group LP serves as Managing Member ofthis entity, which serves as General Partner ("GP") ofvarious underlying funds. The GP is entitled to acarried interest. After investors recoup their principalplus an 8% return, the General Partner receives 2% asa carried interest. Any profit above that is divided80% to investors, 20% to the General Partner.
2/2011
7 Starboard GP Ltd. New York, NewYork
I serve as Director of this entity, which serves asGeneral Partner ("GP") of various underlying funds.The GP is entitled to a carried interest. After investorsrecoup their principal plus an 8% return, the GeneralPartner receives 2% as a carried interest. Any profitabove that is divided 80% to investors, 20% to theGeneral Partner.
10/2013
# EMPLOYER OR PARTY CITY, STATE STATUS AND TERMS DATE
8 WLR Select Associates LLC New York, NewYork
WL Ross Group serves as Managing Member of thisentity, which serves as General Partner of anunderlying fund. After investors recoup their principalplus an 8% return, the General Partner receives 2% asa carried interest. Any profit above that is divided80% to investors, 20% to the General Partner.
12/2010
9 WLR/IVZ Mortgage Recovery Associates LLC New York, NewYork
WL Ross Group LP serves as Managing Member ofthis entity, which serves as General Partner ("GP") ofvarious underlying funds. The GP is entitled to acarried interest. After investors recoup their principalplus an 8% return, the General Partner receives 2% asa carried interest. Any profit above that is divided80% to investors, 20% to the General Partner.
10/2009
10 WLR Mezzanine Associates, LLC New York, NewYork
WL Ross Group serves as Managing Member of thisentity, which serves as General Partner ("GP") ofvarious underlying funds. The GP is entitled to acarried interest. After investors recoup their principalplus an 8% return, the General Partner receives 2% asa carried interest. Any profit above that is divided80% to investors, 20% to the General Partner.
5/2015
11 India Asset Recovery Associates LLC New York, NewYork
I serve as the managing member of this entity, whichholds an interest in India Asset Recovery GP, Ltd. Thatentity holds a carried interest in the India AssetRecovery Fund as its general partner. After investorsrecoup their principal plus an 8% return, the GeneralPartner receives 2% as a carried interest. Any profitabove that is divided 80% to investors, 20% to theGeneral Partner.
2/2006
12 Asia Recovery Associates, L.P. New York, NewYork
WL Ross Group LP serves as sole member of WL RossGP LLC, which serves as General Partner of AsiaRecovery Associates LP. The General Partner isentitled to a carried interest. After investors recouptheir principal plus an 8% return, the General Partnerreceives 2% as a carried interest. Any profit abovethat is divided 80% to investors, 20% to the GeneralPartner.
4/2005
13 WLR China Energy Infrastructure Fund, L.P. New York, NewYork
WL Ross Group LP is a shareholder in WL Ross Group(Cayman) Ltd, which indirectly holds an interest in thegeneral partner of WLR China Energy InfrastructureFund, L.P.. After investors recoup their principal plusan 8% return, the General Partner receives 2% as acarried interest. Any profit above that is divided 80%to investors, 20% to the General Partner.
2/2008
# EMPLOYER OR PARTY CITY, STATE STATUS AND TERMS DATE
14 WLR Conduit MM LLC New York, NewYork
I have different arrangements for the variousunderlying assets. For the Shellpoint investment, Ireceive an 8% preferential return, plus a 10% carriedinterest. For the Subsequent Platform Companyasset, I receive s 20% carried interest. For the energybonds, I receive an index amount, plus a 15% carriedinterest.
1/2010
15 Rothschild Profit Sharing Plan See Endnote New York, NewYork
I receive approximately $1,000 per year indistributions from this plan. Within 90 days ofconfirmation, I will irrevocably assign the rights tothese payments to a public charity prior to myassuming the duties of the position of Secretary.
/1976
16 Ross CG Associates, LP New York, NewYork
Ross CG GP LLC serves as General Partner of thisentity, which in turn serves as General Partner ("GP")of various underlying funds. The GP is entitled to acarried interest. After investors recoup their principalplus an 8% return, the General Partner receives 2% asa carried interest. Any profit above that is divided80% to investors, 20% to the General Partner.
3/2005
17 Ross CG Cypress Associates, LP New York, NewYork
Ross CG GP LLC serves as General Partner of thisentity, which in turn serves as General Partner ("GP")of various underlying funds. The GP is entitled to acarried interest. After investors recoup their principalplus an 8% return, the General Partner receives 2% asa carried interest. Any profit above that is divided80% to investors, 20% to the General Partner.
4/2008
18 Ross CG Pearl Associates, LP New York, NewYork
Ross CG GP LLC serves as General Partner of thisentity, which in turn serves as General Partner ("GP")of various underlying funds. The GP is entitled to acarried interest. After investors recoup their principalplus an 8% return, the General Partner receives 2% asa carried interest. Any profit above that is divided80% to investors, 20% to the General Partner.
8/2007
19 Ross Expansion FLP L.P. New York, NewYork
I serve as General Partner of this entity, which in turnserves as General Partner ("GP") of various underlyingfunds. The GP is entitled to a carried interest. Afterinvestors recoup their principal plus an 8% return, theGeneral Partner receives 2% as a carried interest. Anyprofit above that is divided 80% to investors, 20% tothe General Partner.
12/2005
# EMPLOYER OR PARTY CITY, STATE STATUS AND TERMS DATE
20 WLR Nanotechnology GP LLC New York, NewYork
I serve as Managing Member of this entity, which inturn serves as General Partner ("GP") of variousunderlying funds. The GP is entitled to a carriedinterest. After investors recoup their principal plus an8% return, the General Partner receives 2% as acarried interest. Any profit above that is divided 80%to investors, 20% to the General Partner.
1/2006
21 WLR Recovery Associates LLC New York, NewYork
WL Ross Group LLP serves as Managing Member ofthis entity, which serves as General Partner ("GP") ofvarious underlying funds. The GP is entitled to acarried interest. After investors recoup their principalplus an 8% return, the General Partner receives 2% asa carried interest. Any profit above that is divided80% to investors, 20% to the General Partner.
10/1997
22 WLR Recovery Associates IV DSS LP(Cayman)
, Outside U.S. I am a shareholder in the General Partner of thisentity, which in turn serves as a General Partner of afund. After investors recoup their principal plus an 8%return, the General Partner receives 2% as a carriedinterest. Any profit above that is divided 80% toinvestors, 20% to the General Partner.
11/2011
23 WLR Recovery Associates V DSS LP (Cayman) , Outside U.S. I am a shareholder in the General Partner of thisentity, which in turn serves as a General Partner of afund. After investors recoup their principal plus an 8%return, the General Partner receives 2% as a carriedinterest. Any profit above that is divided 80% toinvestors, 20% to the General Partner.
2/2011
24 WLR Select Associates DSS, L.P. (Cayman) , Outside U.S. I am a shareholder in the General Partner of thisentity, which in turn serves as a General Partner of afund. After investors recoup their principal plus an 8%return, the General Partner receives 2% as a carriedinterest. Any profit above that is divided 80% toinvestors, 20% to the General Partner.
12/2010
25 WLR Master Co-Investment SLP GP Ltd.(Cayman)
, Outside U.S. This entity is the General Partner of a partnershipholding a carried interest in the WLR/GS Master Co-Investment L.P. fund.
8/2011
26 Invesco, Ltd. Atlanta, Georgia I will receive a discretionary performance-basedbonus for services rendered in 2016. This bonus willbe paid prior to my assuming the duties of theposition of Secretary.
10/2006
27 Invesco Ltd. Atlanta, Georgia I participate in Invesco's 401k plan. I will cash out ofthis plan within 90 days of my confirmation.
10/2006
4. Filer's Sources of Compensation Exceeding $5,000 in a Year
5. Spouse's Employment Assets & Income and Retirement Accounts
# EMPLOYER OR PARTY CITY, STATE STATUS AND TERMS DATE
28 Invesco Mortgage Recovery MasterAssociates II
New York, NewYork
I serve as the managing member of WLR IMRF IIAssociates LLC, which invests in Invesco MortgageRecovery Associates II LLC. Invesco MortgageRecovery Associates II LLC serves as General Partner("GP") of Invesco Mortgage Recovery Fund II, L.P. andInvesco Mortgage Recovery Fund II Co-Invest ITAL,L.P. The GP is entitled to a carried interest. Afterinvestors recoup their principal plus an 8% return, theGeneral Partner receives 2% as a carried interest. Anyprofit above that is divided 80% to investors, 20% tothe General Partner.
, Outside U.S. WL Ross Group LP is an investor in WLR Master Co-Investment SLP Associates, L.P. (Cayman), which isthe general partner of WLR/GS Master Co-InvestmentL.P. (Cayman). The GP is entitled to a carried interest.After investors recoup their principal plus an 8%return, the General Partner receives 2% as a carriedinterest. Any profit above that is divided 80% toinvestors, 20% to the General Partner.
4/2011
# SOURCE NAME CITY, STATE BRIEF DESCRIPTION OF DUTIES
1 Invesco, Ltd. Atlanta, Georgia CEO of Private Equity Groups division with company. Receives his salaryand bonus from Invesco Group Services.
2 ArcelorMittal Luxembourg,Outside U.S.
Independent Director on the Board of Directors.
# DESCRIPTION EIF VALUE INCOME TYPE INCOMEAMOUNT
1 Powerhouse Cultural Entertainment (valuenot readily ascertainable)
See Endnote N/A Rent orRoyalties
$1,001 - $2,500
2 Dreyfus Government Cash Mgmt Admin Yes Over $1,000,000 None (or lessthan $201)
6. Other Assets and Income
# DESCRIPTION EIF VALUE INCOME TYPE INCOMEAMOUNT
3 Amphenol Corp CL A N/A $250,001 -$500,000
Dividends $2,501 - $5,000
4 Atara Biotherapeutics Inc Com N/A $15,001 -$50,000
None (or lessthan $201)
5 Boeing Co. N/A $250,001 -$500,000
Dividends $5,001 - $15,000
6 CDW Corp Com USD0.01 N/A $250,001 -$500,000
Dividends $2,501 - $5,000
7 CME Group Inc. N/A $250,001 -$500,000
Dividends $5,001 - $15,000
8 Moodys Corp N/A $250,001 -$500,000
Dividends $5,001 - $15,000
9 MSCI Inc Com N/A $250,001 -$500,000
Dividends $2,501 - $5,000
10 Neustar Inc. CL A N/A $100,001 -$250,000
None (or lessthan $201)
11 SVB Finl Group N/A $250,001 -$500,000
None (or lessthan $201)
12 Verisk Analytics Inc. Com N/A $250,001 -$500,000
None (or lessthan $201)
13 Wex Inc Com N/A $250,001 -$500,000
None (or lessthan $201)
14 Zoetis Inc Com USD0.01 CL A N/A $250,001 -$500,000
Dividends $1,001 - $2,500
15 HSBC HLDGS PLC PERP SUB CAP SECS N/A $250,001 -$500,000
Dividends $15,001 -$50,000
16 Wells Fargo & Co New Dep SHS REPSTG N/A $100,001 -$250,000
Dividends $5,001 - $15,000
# DESCRIPTION EIF VALUE INCOME TYPE INCOMEAMOUNT
1 U.S. Brokerage Account #1
1.1 Cash N/A Over$50,000,000
Interest $5,001 - $15,000
1.2 Pound Sterling (cash account in overseas JPMorgan account)
N/A $100,001 -$250,000
None (or lessthan $201)
1.3 U.S. Treasury 8.75% 5/15/17 912810-DY-1NR/AAA
N/A $5,000,001 -$25,000,000
InterestCapital Gains
$100,001 -$1,000,000
1.4 Bear Stearns Co. Inc. 6.4% Oct 2, 2017 DTD10/02/2007 073902-PR-3 A1/A3
N/A $5,000,001 -$25,000,000
InterestCapital Gains
$100,001 -$1,000,000
1.5 Bear Stearns Co. Inc. 7 1/4% Feb 1, 2018DTD 02/01/2008 073902-RU-4 A-/A3
1. 1 The listed start date is approximate and is based on a good-faith estimate.
1. 2 The listed start date is approximate and is based on a good-faith estimate.
1. 3 The listed start date is approximate and is based on a good-faith estimate.
1. 15 The listed start date is approximate and is based on a good-faith estimate.
1. 16 The listed start date is approximate and is based on a good-faith estimate.
1. 17 The listed start date is approximate and is based on a good-faith estimate.
PART # ENDNOTE
1. 28 The listed start date is approximate and is based on a good-faith estimate.
1. 29 The listed start date is approximate and is based on a good-faith estimate.
1. 31 The listed start date is approximate and is based on a good-faith estimate.
1. 34 The listed start date is approximate and is based on a good-faith estimate.
1. 35 The listed start date is approximate and is based on a good-faith estimate.
1. 36 The listed start date is approximate and is based on a good-faith estimate.
1. 37 The listed start date is approximate and is based on a good-faith estimate.
1. 41 The listed start date is approximate and is based on a good-faith estimate.
1. 43 The listed start date is approximate and is based on a good-faith estimate.
1. 44 The listed start date is approximate and is based on a good-faith estimate.
1. 46 The listed start date and end date are approximate and are based on a good-faith estimate.
1. 48 The listed start date is approximate and is based on a good-faith estimate.
1. 49 The listed start date is approximate and is based on a good-faith estimate.
1. 50 The listed start date is approximate and is based on a good-faith estimate.
1. 60 The listed start date is approximate and is based on a good-faith estimate.
1. 61 The listed start date is approximate and is based on a good-faith estimate.
1. 63 The listed start date is approximate and is based on a good-faith estimate.
1. 64 The listed start date is approximate and is based on a good-faith estimate.
2. 1.3 Filer will cash out of this plan prior to taking office.
2. 1.5 Pursuant to written Invesco policy and procedures, and subject to a cap based on his existing holdings,upon Mr. Ross’ termination of employment, Invesco Ltd.’s Compensation Committee may determine toaward him outstanding equity compensation that he would have otherwise received had he remainedemployed with WL Ross & Co. LLC with respect to previously issued shares of restricted stock thatremain subject to restrictions under the applicable Invesco Ltd. plan.
2. 9 Value and income are fully attributable to interests in W.L. Ross Group, L.P.
2. 9.1 The assets of WL Ross Group, L.P. are listed in item 10.
2. 10 The value and income are fully attributable at lower tiers.
PART # ENDNOTE
2. 10.1 The value represents the capital account, and includes no carried interest.
2. 10.1.1 This represents WLR Recovery Associates IV LLC's carried interest in WLR Recovery Fund IV, L.P.
2. 10.1.8.1.1 No underlying assets remain.
2. 10.1.9.1 Underlying assets previously disclosed at line 10.1.8
2. 10.1.11.1 Underlying assets previously disclosed at line 10.1.10.1.
2. 10.1.12 Underlying assets previously disclosed at line 10.1.10.1.
2. 10.2 The value represents the capital account balance.
2. 10.2.2 Represents the carried interest held by WLR Mezzanine Associates LLC in WLR Cardinal MezzanineFund L.P. The current carried interest is zero.
2. 10.3 This entity contains no operating companies. It holds only cash.
2. 10.3.1.1 This entity no longer holds any underlying assets.
2. 10.3.2 This entity no longer holds any underlying assets.
2. 10.4 This entity no longer has any underlying assets.
2. 10.6 Value reflects capital account balance.
2. 10.6.1.2.1.1.1 This entity owns subsidiaries which each own individual transoceanic tanker ships. There are 25individual LLCs that own the ships: NCM Holding I LLC; NCM Holding II LLC; WLR/TRF KZ Holding I LLC;WLR/TRF KZ Holding II LLC; WLR/TRF KZ Holding III LLC; WLR/TRF Holding III LLC; WLR/TRF Maemi LLC;NT Suez Holdco LLC; NT Suez GP LLC; NT Suez One LLC; NT Suez Two LLC; WLR/TRF Tanker Two LLC;WLR/TRF HMN8 Holdings I LLC; WLR/TRF HMN8 Holdings II LLC; WLR/TRF HMN8 Holdings III LLC;WLR/TRF HMN8 Holdings IV LLC; WLR/TRF HMN8 Holdings V LLC; WLR/TRF HMN8 Holdings VI LLC;TRF/Solus JV LLC; TRF/Solus GP LLC; HAN VLCC 1 LLC; HAN VLCC II LLC; SWS VLCC JV LLC; SWS VLCCGPLLC; SWS VLCC LLC.
2. 10.6.1.2.2 Underlying assets shown at 10.6.1.2.1.1
2. 10.6.1.2.3.1.1 This entity owns Norwegian subsidiaries which each own individual transoceanic tanker ships. Thereare 7 individual entities: Awilco Eco Tankers 1 AS; Awilco Eco Tankers 2 AS; Awilco Eco Tankers 3 AS;Awilco Eco Tankers 4 AS; Hassel Shipping 4 AS; Songa Chemical AS; Atlantic Supramax DIS.
2. 10.6.1.2.4 Assets previously disclosed at 10.6.1.2.3.1.
2. 10.6.4 Represents carried interest held in underlying funds.
2. 10.7 Value represents capital account.
2. 10.7.4.1.1.1.1 Underlying assets previously disclosed at 10.2.1.1.1.
PART # ENDNOTE
2. 10.7.4.1.1.2 Underlying assets previously disclosed at 10.2.1.1.1.
2. 10.7.5.1 Underlying assets previously disclosed at 10.7.4.1.1.
2. 10.7.6 Represents the carried interest held by WLR Recovery Associates V LLC in WLR Recovery Fund V, L.P.The carried interest is currently zero.
2. 10.7.7 Represents the carried interest held by WLR Recovery Associates V LLC in this fund. The carriedinterest is currently zero.
2. 10.7.8 Represents the carried interest held by WLR Recovery Associates V LLC in this fund. The carriedinterest is currently zero.
2. 10.8 Value reflects capital account balance.
2. 10.8.2 This represents the carried interest held by WLR Select Associates LLC in WLR Select Co-InvestmentXCO AIV, L.P. The current carried interest is zero.
2. 10.9.1.1.1 This represents the carried interest held by WLR China Energy Associates, Ltd. in WLR China EnergyInfrastructure Fund, L.P. The carried interest is currently zero.
2. 10.10.1 Represents the carried interest held by WLR Recovery Associates II, LLC in WLR Recovery Fund II, L.P.
2. 10.11.1 Represents the carried interest held by WLR Recovery Associates III, LLC in the fund. The currentcarried interest is zero.
2. 10.12 Value reflect share of Net Asset Value of WLR IMRF II Associates, LLC holding in Invesco MortgageRecovery Master Associates II LLC.
2. 10.12.1.2 Underlying assets previously disclosed at 10.12.1.1.1.
2. 10.12.1.3.1 Underlying assets previously disclosed at 10.12.1.1.1.
2. 10.12.1.4.1 Underlying assets previously disclosed at 10.12.1.1.1.1
2. 10.12.1.6 Represents the carried interest held by Invesco Mortgage Recovery Master Associates II LLC in InvescoMortgage Recovery Fund II, L.P. There is no accrued carried interest.
2. 10.12.1.7 Represents the carried interest held by Invesco Mortgage Recovery Master Associates II LLC in InvescoMortgage Recovery Fund II Co-Invest ITAL, L.P. There is no accrued carried interest.
2. 10.13.1 This represents the carried interest held by WLR Master Co-Investment SLP Associates, L.P. (Cayman) inWLR/GS Master Co-Investment L.P. (Cayman). The current carried interest is zero.
2. 10.14 Value is reflected in 19.1.
2. 10.15 Value and income reflect combined value and income of 10.15 and 11.1
2. 10.15.1.1 Assets previously disclosed at 10.6.1.2.1.1
PART # ENDNOTE
2. 10.15.1.2 Assets previously disclosed at 10.6.1.2.3.1
2. 10.16 Underlying assets disclosed below at 24.1. Value and income reflect the value and income of 10.16 and24.1.
2. 11.1 Underlying assets previously disclosed at 10.15. Value and income is reflected in 10.15
2. 11.1.1 This represents the carried interest held by WLR Recovery Associates V DSS AIV, L.P. in the fund. Thecarried interest is currently zero.
2. 12 Value represents capital account.
2. 12.1.1.1.1.1 This fund no longer holds any underlying assets.
2. 12.1.2.1.1 This fund no longer holds any underlying assets.
2. 12.1.3.1.1 This fund no longer holds any underlying assets.
2. 12.1.4.1 This fund no longer holds any underlying assets.
2. 12.1.5.1 This fund no longer holds any underlying assets.
2. 12.1.6 This fund no longer holds any underlying assets.
2. 12.1.7.1.1 Underlying assets previously disclosed at 10.1.10.1.1.
2. 12.1.8.1.1 Underlying assets previously disclosed at 10.1.10.1.1.
2. 12.1.9.1 Underlying assets previously disclosed at 10.1.10.1.1.
2. 12.1.10 Underlying assets previously disclosed at 10.1.10.1.1.
2. 12.2.1.1.1 This fund no longer holds any underlying assets.
2. 12.3.1.1 This fund no longer holds any underlying assets.
2. 12.4.1.1 Underlying assets previously disclosed at 10.1.10.1.1.
2. 12.5.1.1 Underlying assets previously disclosed at 10.1.10.1.1.
2. 12.7.1 Underlying assets previously disclosed at 10.1.10.1.1.
2. 12.8 Value reflects aggregated carried interests of General Partner in all funds disclosed within 12.1 to 12.7,including underlying funds.
2. 13 Value reflects capital account.
2. 13.1.1.1 Assets previously disclosed at 10.6.1.2.1.1.1.
PART # ENDNOTE
2. 13.2 This represents the carried interest held by Starboard GP Ltd. in the Transportation Recovery Fund.The carried interest is currently zero.
2. 14.3 Underlying assets previously disclosed at 10.1
2. 14.5.1 Underlying assets previously disclosed at 10.14.
2. 16 Value reflects capital account.
2. 16.1.1 Reflects carried interest held by India Asset Recovery GP Ltd. in India Asset Recovery Fund, L.P. Thecarried interest is currently zero.
2. 17.1.1.2.1 Underlying assets previously disclosed at 17.1.1.1.1.
2. 17.1.1.3.1 Underlying assets previously disclosed at 17.1.1.1.1.
2. 17.1.1.4 Underlying assets previously disclosed at 17.1.1.1.1.
2. 17.2 Represents Ross CG GP LLC's carried interest in Ross CG Associates, LP.
2. 17.3 Represents capital account
2. 17.3.1 This fund no longer holds any underlying assets.
2. 17.3.2 Represents carried interest of Ross CG Cypress Associates, LLC in Ross CG Cypress Associates, LP.
2. 17.4.1 Represents Ross CG Pearl Associates, LLC carried interest in this fund.
2. 18.1 Represents the carried interest of WL Ross GP LLC in Asia Recovery Associates L.P. The value is theaccrued carry balance.
2. 19.1 Includes value of 10.14.
2. 19.1.1 Underlying assets previously disclosed at 10.14.1
2. 19.2 Represents the carried interest of WLR Recovery Associates IV DSS AIV, L.P. in WLR Recovery Fund IVDSS AIV, L.P.
2. 20.1 Underlying assets previously disclosed at 13.1
2. 21.1 Represents the accrued carried interest of Ross Expansion GP, LLC in Ross Expansion FLP, LP. The fundno longer holds any underlying assets.
2. 21.2 This entity no longer holds any underlying assets.
2. 21.2.1.1.1 This entity no longer holds any underlying assets
2. 21.2.1.1.2 This entity no longer holds any underlying assets
PART # ENDNOTE
2. 21.2.1.1.3 This entity no longer holds any underlying assets.
2. 23 Underlying assets are unavailable. The filer will divest the plan if confirmed via an irrevocableassignment of rights to a public charity.
2. 24.1 Value and income are reflected in 10.16.
2. 24.1.1.1 Underlying assets previously disclosed at 10.2.1.1.1.
2. 24.1.2 This represents the carried interest held by WLR Select Associates DSS, L.P. in WLR Select Co-Investment, L.P. The current carried interest is zero.
2. 24.1.3.1 Underlying assets previously disclosed at 10.2.1.
2. 24.1.3.2 Underlying assets previously disclosed at 10.2.1.1.1.
2. 24.1.4.1 This entity holds no underlying investments.
2. 24.2.1 Underlying assets previously disclosed at 24.1.3.
2. 25 Represents value of capital account.
2. 25.1 Represents the carried interest of WLR Nanotechnology GP LLC in Masters Capital NanotechnologyFund, L.P. The current carried interest is zero.
2. 26.1 Underlying assets previously disclosed at 25.2.1
3. 15 Month is not ascertainable.
5. 1 2 books: "New York, New York"; "Palm Beach People"
6. 5 Held as an account for the benefit of First Republic Bank
6. 10 No longer held, so value shown as zero
6. 22 Holdings previously disclosed in Part 2 line 10.11. Value is reflected of combined holdings of filer andspouse.
6. 23 Assets previously disclosed at Part 2 line 10.10. Value is reflected of combined holdings of filer andspouse.
6. 65 Value is based on 2014 K-1. A 2015 K-1 was not available. Income is through 12/31/15.
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Summary of Contents
1. Filer's Positions Held Outside United States Government
Part 1 discloses positions that the filer held at any time during the reporting period (excluding positions with the United States Government). Positions are reportableeven if the filer did not receive compensation.
This section does not include the following: (1) positions with religious, social, fraternal, or political organizations; (2) positions solely of an honorary nature; (3) positionsheld as part of the filer's official duties with the United States Government; (4) mere membership in an organization; and (5) passive investment interests as a limitedpartner or non-managing member of a limited liability company.
2. Filer's Employment Assets & Income and Retirement Accounts
Part 2 discloses the following:
Sources of earned and other non-investment income of the filer totaling more than $200 during the reporting period (e.g., salary, fees, partnership share,honoraria, scholarships, and prizes)Assets related to the filer's business, employment, or other income-generating activities that (1) ended the reporting period with a value greater than $1,000 or (2)produced more than $200 in income during the reporting period (e.g., equity in business or partnership, stock options, retirement plans/accounts and theirunderlying holdings as appropriate, deferred compensation, and intellectual property, such as book deals and patents)
This section does not include assets or income from United States Government employment or assets that were acquired separately from the filer's business,employment, or other income-generating activities (e.g., assets purchased through a brokerage account). Note: The type of income is not required if the amount ofincome is $0 - $200 or if the asset qualifies as an excepted investment fund (EIF).
3. Filer's Employment Agreements and Arrangements
Part 3 discloses agreements or arrangements that the filer had during the reporting period with an employer or former employer (except the United StatesGovernment), such as the following:
Future employmentLeave of absenceContinuing payments from an employer, including severance and payments not yet received for previous work (excluding ordinary salary from a current employer)Continuing participation in an employee welfare, retirement, or other benefit plan, such as pensions or a deferred compensation planRetention or disposition of employer-awarded equity, sharing in profits or carried interests (e.g., vested and unvested stock options, restricted stock, future share ofa company's profits, etc.)
4. Filer's Sources of Compensation Exceeding $5,000 in a Year
Part 4 discloses sources (except the United States Government) that paid more than $5,000 in a calendar year for the filer's services during any year of the reportingperiod.
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The filer discloses payments both from employers and from any clients to whom the filer personally provided services. The filer discloses a source even if the sourcemade its payment to the filer's employer and not to the filer. The filer does not disclose a client's payment to the filer's employer if the filer did not provide the servicesfor which the client is paying.
5. Spouse's Employment Assets & Income and Retirement Accounts
Part 5 discloses the following:
Sources of earned income (excluding honoraria) for the filer's spouse totaling more than $1,000 during the reporting period (e.g., salary, consulting fees, andpartnership share)Sources of honoraria for the filer's spouse greater than $200 during the reporting periodAssets related to the filer's spouse's employment, business activities, other income-generating activities that (1) ended the reporting period with a value greaterthan $1,000 or (2) produced more than $200 in income during the reporting period (e.g., equity in business or partnership, stock options, retirement plans/accountsand their underlying holdings as appropriate, deferred compensation, and intellectual property, such as book deals and patents)
This section does not include assets or income from United States Government employment or assets that were acquired separately from the filer's spouse's business,employment, or other income-generating activities (e.g., assets purchased through a brokerage account). Note: The type of income is not required if the amount ofincome is $0 - $200 or if the asset qualifies as an excepted investment fund (EIF). Amounts of income are not required for a spouse's earned income (excludinghonoraria).
6. Other Assets and Income
Part 6 discloses each asset, not already reported, that (1) ended the reporting period with a value greater than $1,000 or (2) produced more than $200 in investmentincome during the reporting period. For purposes of the value and income thresholds, the filer aggregates the filer's interests with those of the filer's spouse anddependent children.
This section does not include the following types of assets: (1) a personal residence (unless it was rented out during the reporting period); (2) income or retirementbenefits associated with United States Government employment (e.g., Thrift Savings Plan); and (3) cash accounts (e.g., checking, savings, money market accounts) at asingle financial institution with a value of $5,000 or less (unless more than $200 of income was produced). Additional exceptions apply. Note: The type of income is notrequired if the amount of income is $0 - $200 or if the asset qualifies as an excepted investment fund (EIF).
7. Transactions
Part 7 discloses purchases, sales, or exchanges of real property or securities in excess of $1,000 made on behalf of the filer, the filer's spouse or dependent child duringreporting period.
This section does not include transactions that concern the following: (1) a personal residence, unless rented out; (2) cash accounts (e.g., checking, savings, CDs, moneymarket accounts) and money market mutual funds; (3) Treasury bills, bonds, and notes; and (4) holdings within a federal Thrift Savings Plan account. Additionalexceptions apply.
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8. Liabilities
Part 8 discloses liabilities over $10,000 that the filer, the filer's spouse or dependent child owed at any time during the reporting period.
This section does not include the following types of liabilities: (1) mortgages on a personal residence, unless rented out (limitations apply for PAS filers); (2) loanssecured by a personal motor vehicle, household furniture, or appliances, unless the loan exceeds the item's purchase price; and (3) revolving charge accounts, such ascredit card balances, if the outstanding liability did not exceed $10,000 at the end of the reporting period. Additional exceptions apply.
9. Gifts and Travel Reimbursements
This section discloses:
Gifts totaling more than $375 that the filer, the filer's spouse, and dependent children received from any one source during the reporting period.Travel reimbursements totaling more than $375 that the filer, the filer's spouse, and dependent children received from any one source during the reporting period.
For purposes of this section, the filer need not aggregate any gift or travel reimbursement with a value of $150 or less. Regardless of the value, this section does notinclude the following items: (1) anything received from relatives; (2) anything received from the United States Government or from the District of Columbia, state, orlocal governments; (3) bequests and other forms of inheritance; (4) gifts and travel reimbursements given to the filer's agency in connection with the filer's official travel;(5) gifts of hospitality (food, lodging, entertainment) at the donor's residence or personal premises; and (6) anything received by the filer's spouse or dependent childrentotally independent of their relationship to the filer. Additional exceptions apply.
Privacy Act Statement
Title I of the Ethics in Government Act of 1978, as amended (the Act), 5 U.S.C. app. § 101 et seq., as amended by the Stop Trading on Congressional Knowledge Act of2012 (Pub. L. 112-105) (STOCK Act), and 5 C.F.R. Part 2634 of the U. S. Office of Government Ethics regulations require the reporting of this information. The primary useof the information on this report is for review by Government officials to determine compliance with applicable Federal laws and regulations. This report may also bedisclosed upon request to any requesting person in accordance with sections 105 and 402(b)(1) of the Act or as otherwise authorized by law. You may inspectapplications for public access of your own form upon request. Additional disclosures of the information on this report may be made: (1) to any requesting person,subject to the limitation contained in section 208(d)(1) of title 18, any determination granting an exemption pursuant to sections 208(b)(1) and 208(b)(3) of title 18; (2) toa Federal, State, or local law enforcement agency if the disclosing agency becomes aware of violations or potential violations of law or regulation; (3) to another Federalagency, court or party in a court or Federal administrative proceeding when the Government is a party or in order to comply with a judge-issued subpoena; (4) to asource when necessary to obtain information relevant to a conflict of interest investigation or determination; (5) to the National Archives and Records Administration orthe General Services Administration in records management inspections; (6) to the Office of Management and Budget during legislative coordination on private relieflegislation; (7) to the Department of Justice or in certain legal proceedings when the disclosing agency, an employee of the disclosing agency, or the United States is aparty to litigation or has an interest in the litigation and the use of such records is deemed relevant and necessary to the litigation; (8) to reviewing officials in a newoffice, department or agency when an employee transfers or is detailed from one covered position to another; (9) to a Member of Congress or a congressional office inresponse to an inquiry made on behalf of an individual who is the subject of the record; (10) to contractors and other non-Government employees working on acontract, service or assignment for the Federal Government when necessary to accomplish a function related to an OGE Government-wide system of records; and (11)on the OGE Website and to any person, department or agency, any written ethics agreement filed with OGE by an individual nominated by the President to a positionrequiring Senate confirmation. See also the OGE/GOVT-1 executive branch-wide Privacy Act system of records.
Public Burden Information
This collection of information is estimated to take an average of three hours per response, including time for reviewing the instructions, gathering the data needed, andcompleting the form. Send comments regarding the burden estimate or any other aspect of this collection of information, including suggestions for reducing thisburden, to the Program Counsel, U.S. Office of Government Ethics (OGE), Suite 500, 1201 New York Avenue, NW., Washington, DC 20005-3917.
Pursuant to the Paperwork Reduction Act, as amended, an agency may not conduct or sponsor, and no person is required to respond to, a collection of informationunless it displays a currently valid OMB control number (that number, 3209-0001, is displayed here and at the top of the first page of this OGE Form 278e).