Page 262
notes about what meeting?
MR. DAVIS: These are the meeting notes from the June 9th meeting at Trump Tower. These are Mr. Manafort's notes or they're contemporaneous.
BY THE WITNESS:
A. I could tell — obviously you know who Bill Browder is. Cyprus Offshore, Bill Browder's structure, you know, investment — Hermitage Capital, his hedge fund, set up numerous companies in Cyprus to engage in inward investment into Russia, which is a common structure, both partially for tax reasons but also to have entities outside of Russia, you know, managing specific investments. I can only tell you I assume that's what that references. I don't know what the 133 million —
MR. FOSTER: Can I interrupt? And you know that from research that you did and provided to —
MR. SIMPSON: Yes.
MR. LEVY: Let him finish.
MR. FOSTER: — research that you did and provided to Baker Hostetler and their client?
MR. SIMPSON: Yes. There was a — I can elaborate a little bit. As part of the research into how Hermitage Capital worked we looked at various things, their banking relationships, the