Founder and Managing Member of Boothbay Fund Management, a NYC multi-strategy hedge fund now managing $2B+. Founded Boothbay in 2014, Jeffrey Epstein was a founding/seed investor with a $10M initial wire on May 2, 2014 (the fund's founding year). Total Jeffrey Epstein investment reached $50M+ via Southern Financial LLC through Deutsche Bank, making it the second largest documented investment outflow. Previously COO of Intrepid Capital Management ($2.5B, seeded by Soros Fund Management, spun out of Tiger Management). Introduced to Jeffrey Epstein by Todd Meister on February 19, 2013. At least 6 confirmed in-person meetings at Jeffrey Epstein's 9 East 71st Street townhouse between February 2013 and March 2017. First meeting at townhouse was same day as Bill Gates tentative appointment. Jeffrey Epstein called Glass 'a bit sketchy' to JP Morgan while simultaneously investing. Arrived at townhouse with Paul Morris (Jeffrey Epstein's Deutsche Bank relationship manager) on Feb 28, 2013, suggesting introduction through banking network. Darren Indyke (Jeffrey Epstein's lawyer) questioned whether Glass delivered a promised 'side letter' and noted Jeffrey Epstein 'did not appear to be interested in hearing any comments' about the investment. Jeffrey Epstein's estate held ~$55.9M in Boothbay at time of death (Aug 2019).
Key Findings
EFTA01904338 (Feb 19, 2013): Todd Meister introduces Glass to Jeffrey Epstein: 'He is a friend of Izzy Englander and runs a multistrategy fund that takes the same approach as Millennium'
EFTA00652799 (Mar 4, 2013): Jeffrey Epstein to JPM Paul Barrett: 'there is a guy called ari glass , that has a find called booth bay, a but sketchy, ask your prime broker offie to vet him' - invested $50M+ despite this assessment
EFTA00027019: Deutsche Bank Exhibit, 6 confirmed outbound wires totaling $38.25M from Southern Financial LLC to Boothbay (May 2014 - Mar 2016), plus $10M withdrawal (Jan 2017)
EFTA00644709 (Mar 18, 2016): Glass emails Jeffrey Epstein capital drawdown schedule: $10M/Mar, $12M/Apr, $14M/May, $14M/Jun, $50M over 4 months. 'Thanks again for your support and your flexibility of timing'
EFTA00815157 (Oct 11, 2016): Richard Kahn to Jeffrey Epstein re Boothbay withdrawal, total invested: $51,861,000. Indyke had 'Rough Notes of Boothbay Investment/Ari Glass' and noted Jeffrey Epstein 'did not appear to be interested in hearing any comments'
EFTA00446147 (Mar 17, 2017): '8:00am BREAKFAST w/Ari Glass' then '9:00am BREAKFAST w/Dr. Jim Watson' - same week as Woody Allen dinner and Martin Nowak lunch
A management biography of Ari Glass states "Boothbay was founded in 2012 to manage assets for two families and in July 2014 launched the Fund to include outside investors" (EFTA01088824)