David Fiszel and Honeycomb: 5 Documents Linking a Hedge Fund Manager to Epstein's Inner Circle

The Honeycomb Pitch: Eva Dubin's Introduction

On February 2, 2016, David Fiszel emailed Jeffrey Epstein through an introduction from Eva Dubin, a socialite married to physician and hedge fund manager Glenn Dubin. The email reveals Fiszel was founder of Honeycomb Asset Management, LP, and was actively raising capital.

"Hi Jeffrey, I hope you are well. Eva Dubin gave me your email address as I hoped to follow up on the Peter Thiel meeting we briefly discussed and I wanted to share our investor presentation."

Fiszel specifically highlighted recent hires to build credibility:

"We added some key talent including our Director of Finance who was Controller of Tiger Global for 7 years and filled our COO/General Counsel role. It is an exciting time to be building a business!"

Epstein responded the next morning, scheduling Fiszel for a 9:00am meeting at his Manhattan townhouse on February 4, 2016: Email exchange between Fiszel and Epstein.

A Day with Thiel and Black: The February 4, 2016 Schedule

Epstein's internal schedule for February 4, 2016 places Fiszel's meeting immediately before two of the most powerful figures in Epstein's financial network. The schedule, circulated by Epstein's executive assistant Lesley Groff to household staff, shows a tightly packed day of financial meetings at the 71st Street townhouse:

"9:00am Appt w/David Fiszel" "9:30-11:30pm Appt w/Peter Thiel" "12:00pm Appt w/Leon Black at Leon's office"

The sequencing documents that Epstein scheduled Fiszel's pitch directly before his meeting with Peter Thiel — the same Peter Thiel that Fiszel had referenced in his introductory email. Multiple versions of this schedule were circulated across staff emails that day: Daily schedule for February 4, 2016, Full February 2016 calendar.

The same full-month schedule reveals Epstein met with Leon Black the previous evening on February 3 and again at noon on February 4 — bookending the Fiszel and Thiel meetings with back-to-back sessions with the Apollo Global Management co-founder.

Side Letters and Favored Nations: The Investment Negotiation

By May 2016, the relationship had progressed from a pitch to active investment negotiations. On May 31, 2016, Richard Kahn — a principal at HBRK Associates Inc. and one of Epstein's financial trustees — emailed Epstein about the status of talks with Fiszel:

"I spoke with him today and he told me you were tough and he felt bad for the miscommunication over side letters. David was going to have his attorney draft a most favored nations provision for you tomorrow am."

This email documents that Epstein was negotiating specific investment terms — side letters and a "most favored nations" clause — with Fiszel's fund. A most favored nations provision would guarantee Epstein received terms at least as favorable as any other investor: Richard Kahn email re: David Fiszel.

Richard Kahn would later be named as co-trustee of the Jeffrey E. Epstein 2019 Trust alongside Darren Indyke.

The Relationship Continued: April 2019

Documents show the Fiszel-Epstein connection persisted for over three years. A schedule for April 3–6, 2019 — circulated by Lesley Groff — lists a 5:00pm appointment with Fiszel on Friday, April 5, 2019.

The same day's schedule included a 2:00pm meeting with "Mooch, Ruemmler, Bannon" — Anthony Scaramucci, former Obama White House counsel Kathryn Ruemmler, and Steve Bannon. This was just three months before Epstein's July 2019 arrest on federal sex trafficking charges: April 2019 schedule.

What's Still Missing

• No investment records found: While the side letter negotiation documents that a deal was in progress, no executed subscription agreements or capital flow records for Honeycomb appear in the released documents.
• Honeycomb performance data: The documents do not reveal whether Epstein ultimately invested in Honeycomb Asset Management or the size of any position.
• Dubin connection depth: Eva Dubin introduced Fiszel to Epstein, but the documents do not clarify how Dubin and Fiszel knew each other or whether Glenn Dubin played a role.
• Post-arrest status: No documents in the archive address what happened to any Epstein-Honeycomb investment relationship after the July 2019 arrest.