David Fiszel
Network
David Fiszel
Timeline
All Connections
13 total
All Connections
13 totalFiszel is founder/manager of Honeycomb Asset Management LP. Epstein was day-one LP investor from fund inception June 2016. Invested via STC with 20M initial wire. Direct email correspondence Feb 2016 to Mar 2019. Physical meetings at 9E71st and Palm Beach. Exclusive pre-IPO co-investments in Spotify SpaceX Tencent Music Palantir.
Kahn (HBRK Associates, 575 Lexington Ave 4th Floor) intermediated all Honeycomb AM communications with Epstein. Forwarded performance reports, deal memos, and wire instructions. Referred to Epstein as 'boss' in messages to Fiszel. Kahn received investor reports at [email protected] from Morgan Stanley Fund Services.
Fiszel founded Honeycomb Asset Management LP with Epstein as day-one investor. Epstein invested ~34M through STC across Honeycomb Partners and Ventures I-IV. Fiszel visited Epstein at 9 E 71st St townhouse (Feb 2016) and 358 El Brillo Way Palm Beach (Nov 2018). Fiszel lives at 10 E 78th St, 7 blocks from Epstein. Direct email correspondence for investment decisions.
Epstein was day-one investor in Honeycomb Partners LP (June 2016). At least 60M invested across flagship and Ventures I-IV co-invest SPVs. Fiszel emailed Epstein directly about deals, visited townhouse, offered co-investments in Spotify SpaceX Tencent Music Palantir. Relationship lasted Feb 2016 to Apr 2019.
Eva Dubin introduced David Fiszel to Epstein in Dec 2015. Sarah Fiszel (Davids wife) provided contact info to Eva noting he thrives on stimulating conversation. Eva forwarded to Epstein. Eva also offered to give Fiszel Wexners phone number. Dubins lived near Fiszels.
Richard Kahn (HBRK Associates) was the primary intermediary between Fiszel and Epstein. Kahn forwarded performance reports, deal opportunities, wire instructions, and pushed Fiszel for introductions to Epstein network. Kahn described Epstein as boss to Fiszel.
Epstein was day-one LP in Honeycomb Partners LP (launched June 2016). STC wired 20M on 05/31/2016. Also invested in co-invest vehicles Ventures I (Spotify) and IV (Tencent Music). Epstein negotiated MFN side letter. Fiszel visited 9E71st as late as April 2019.
Eva Dubin introduced Fiszel to Epstein in Dec 2015. Fiszels were Palm Beach neighbors of the Dubins. Sarah Fiszel and Eva Dubin had direct email contact.
Kahn (HBRK Associates, 575 Lexington Ave) served as Epstein's investment intermediary for all Honeycomb transactions. Kahn forwarded Fiszel fund docs, performance reports, and co-invest opportunities to Epstein. Kahn also served as social intermediary requesting introductions from Epstein for Fiszel.
David Fiszel held position at Point72 Asset Management (Steve Cohen) before founding Honeycomb Asset Management LP in 2016.
Epstein introduced Fiszel to Peter (likely Thiel) at 9 E 71st St townhouse in Feb 2016. Epstein noted peter liked you thats rare. Fiszel subsequently invested in Palantir (Thiel company) via Honeycomb, discussing 5 per share at 9.5B valuation in Dec 2016. Honeycomb also appeared on same Dechert Exhibit B ledger as Valar (Thiels fund).
Fiszel was a TMT specialist and senior portfolio manager at SAC Capital / Point72 Asset Management (Steve Cohen) from 2000-2004 and 2007-2015. Honeycomb is part of the Cohen spinoff hedge fund network. Kahn referenced Steve Cohen apartment listing in relation to Fiszels father-in-law Richard Steinberg.
Fiszel was employed at SAC Capital Advisors (Steve Cohen's fund) prior to founding Honeycomb. FEC donation record from 03/31/2016 lists employer as SAC Capital Advisors, occupation as investor.
All Findings
14 total
All Findings
14 totalfinancial (4)
Fiszel discussed Palantir investment with Epstein in Dec 2016 - referenced Trump tech summit as huge for Palantir
On Dec 15, 2016, Fiszel emailed Epstein ([email protected]): Palantir was the only private company invited to yesterdays tech summit. That seems like a huge change post election and bigger oppty. On Dec 16, Fiszel emailed Kahn: Can you see if we can get an update on palantir view. I heard the meeting with Trump was Huge for the company and I can buy more at 5 which is 9.5B valuation. Seems like a home run. This connects to the Feb 5 2016 meeting where Epstein introduced Fiszel to Peter (likely Thiel, Palantir cofounder). Epstein appears to have facilitated Fiszel access to Palantir shares through the Thiel connection.
Fiszel offered Epstein SpaceX co-investment in Feb 2017 at 18B valuation via Honeycomb private side alongside Elon Musk buying 100M
On Feb 24, 2017, Fiszel emailed Epstein and Kahn about SpaceX employee stock buyback opportunity: Elon is buying 100m personally and we are going alongside an existing investor extra capacity. Elon is getting a better price 105 vs our 118 cost but I think our 18B valuation is still cheap for this company with a 10B backlog. We will be buying 2m of which Im probably 60 percent for the opt-in private side of Honeycomb. If we can get more it could be up to an additional 6m for a co-invest but maybe we get zero.
Fiszel offered Epstein Spotify co-investment at 13B valuation pre-IPO in July 2017 via Honeycomb Ventures I LP
On July 5, 2017, Fiszel emailed Epstein directly: I am going in for Spotify privately personally and for the fund. I think its Netflix 5 years ago. Currently 13B valuation. We have a co-investment opty that funds next week. Im taking 5m of it and have 1.5m for you. Epstein confirmed 1M initially but Tommy took part of the allocation so it was reduced to 1M. Later on Jul 10, 2017, Sandhu offered additional 2M capacity. The investment was via Honeycomb Ventures I LP, wired to JPMorgan Chase account. By April 2018, Spotify IPO reference price was 132 vs their 77.50 basis - a 70 percent gain. Fiszel also offered additional Spotify allocation at cost in Aug 2017, estimating plus 40 percent IRR.
Fiszel offered Epstein Tencent Music co-investment via Honeycomb Ventures IV LP in June 2018 - 50M capacity, strong demand
On June 26, 2018, Dominique Ahumada emailed Richard Kahn about Tencent Music Entertainment pre-IPO co-investment via Honeycomb Ventures IV LP. We have access to 50m and are taking indications first-come-first-serve. There is a lot of demand. Likely we have to cut folks back. Kahn forwarded to Epstein noting if you are interested we may want to indicate for more than you desire as it appears david has a lot of demand. Epstein replied indicating 5-10m. Fund docs included Cover memo, Presentation, Risk Factors, Tax Aspects, LPA, Subscription Agreement, ADV Parts 2A and 2B. Deadline was June 29 for indications, July 2 for subscription.
relationship (6)
Eva Dubin introduced David Fiszel to Jeffrey Epstein in late Dec 2015 - Sarah Fiszel provided contact info to Eva Dubin
On Dec 30, 2015, Eva Dubin forwarded Sarah Fiszels email (containing David Fiszels contact info) to Jeffrey Epstein, noting they are here until the 2nd and he lives down the road from me. On Feb 2, 2016, Eva Dubin asked Epstein: Can I give David Fiszel your email and Leslies phone number? (Leslie = Wexner). On Feb 5, 2016, Fiszel emailed Epstein after visiting 9 E 71st: Thank you for hosting me in your beautiful townhouse. I enjoyed spending time with you and it was a pleasure meeting Peter. Epstein replied: peter liked you, thats rare. This establishes the Dubin-mediated introduction chain and that Epstein introduced Fiszel to Peter (likely Peter Thiel).
Eva Dubin introduced David Fiszel to Epstein in late Dec 2015. On 12/30/2015 Sarah Fiszel emailed Eva Dubin: Thank you for thinking of David. He thrives on stimulating conversation. Eva forwarded to Epstein: They are here until the 2nd... He lives down the road from me. On 02/02/2016 Dubin asked Epstein: Can I give David Fiszel your email and Lesleys phone number? By 02/05/2016 Fiszel visited 9 E 71st and met Peter (likely Peter Thiel or another guest).
The Eva Dubin introduction is significant because Glenn Dubin (Eva's husband) was one of Epstein's closest financial associates. This places the Fiszel introduction squarely within the Dubin social circle in Palm Beach. The he lives down the road from me suggests proximity in Palm Beach. Honeycomb launched with Epstein as day one partner approximately 4 months after this introduction.
David Fiszel visited Epstein at 9 E 71st St townhouse on Feb 5 2016 pre-launch, met Peter and Eva there. Epstein was day-one founding investor in Honeycomb. Fiszel emailed Epstein directly for investments. Fiszel visited Epstein at 358 El Brillo Way Palm Beach on Thanksgiving Nov 22 2018 (7 months before arrest). Fiszel previously at Point72 Asset Management (Steve Cohen) and Rhombus Capital Management LP (CIK 0001316313).
Fiszel pushed Kahn for introductions to Epstein network - Rothschild, Leon Black, Nicole, Stern in London mentioned Dec 2017
On Dec 8, 2017, Richard Kahn emailed Epstein: david fiszel - he is pushing me on intros. I know you mentioned stern in London. should we consider Rothschild, Leon, Nicole? please advise. This reveals Fiszel was seeking access to Epsteins network of ultra-wealthy contacts including likely Leon Black, Nat Rothschild or Rothschild family, and David Stern. Earlier on May 31, 2016, Kahn reported: 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. This shows Epstein negotiated preferential investment terms.
Fiszel used Epstein as investor network connector. Dec 2017 Kahn emailed Epstein: Fiszel is pushing me on intros - should we consider Rothschild, Leon, Nicole? Fiszel also shared investment intelligence with Epstein including Palantir (Dec 2016, only private company at Trump tech summit), Spotify pre-IPO, SpaceX, Peloton pre-IPO (Feb 2019), and Tencent Music. Fiszel offered Epstein allocation at cost with no additional fee to honeycomb - a sweetheart arrangement for a day-one LP.
The relationship dynamic: Fiszel wanted Epstein's capital and network access. Epstein wanted pre-IPO deals and used Honeycomb as a vehicle for tech investments. Kahn (HBRK Associates) served as intermediary throughout. Stern in London may refer to David Stern (NBA commissioner who died 2020) or another financier. Rothschild and Leon likely refer to Edmond de Rothschild and Leon Black - both already documented Epstein associates.
Fiszel visited Epstein at 9 E 71st St on April 6 2019 - just 3 months before arrest - and asked to meet again on April 2
On April 2, 2019, Fiszel emailed Epstein: Are you in the city soon? On April 5, 2019, Epsteins assistant emailed Fiszel: Reconfirming you will go see Jeffrey tomorrow Sat April 6th at 10am 9 East 71st Street between 5th and Madison. A calendar alert confirmed: 10:00am Appt w/David Fiszel. This in-person meeting at the townhouse occurred just 3 months before Epsteins July 6, 2019 arrest, demonstrating the relationship persisted to the very end. Honeycomb fund was up 5.2 percent for 2018 per Jan 3, 2019 Kahn email to Epstein.
intelligence (1)
Epstein leveraged Honeycomb as quid pro quo - invested 60M+ in exchange for Fiszel providing introductions and network access to tech deals
Pattern analysis of the email corpus reveals a classic Epstein quid pro quo structure. Epstein provided day-one capital (20M via STC on 05/31/2016 alone) and his network (introducing Fiszel to Peter likely Thiel in Feb 2016, suggesting Stern in London and others). In return Fiszel provided: 1) direct access to pre-IPO tech deals (Spotify, SpaceX, Tencent Music, Palantir) typically reserved for institutional investors; 2) sought introductions to Epsteins contacts including Rothschild, Leon Black, Nicole; 3) negotiated preferential terms including MFN provisions. The relationship structure mirrors other Epstein fund investments (Valar/Thiel, Blockchain Capital, Boothbay) where capital allocation bought access to exclusive deal flow. Kahn explicitly referred to Epstein as boss when speaking with Fiszel. Honeycombs lawyer denial of any personal or professional relationship contradicts 20+ direct emails and in-person meetings at the townhouse.
identity (3)
Fiszel has Point72/SAC Capital pedigree - Steve Cohen spinoff network - career 2000-2015 at SAC then Rhombus Capital then Point72
David Fiszel career: BBA Finance from UT Austin. Started at SAC Capital 2000 as TMT specialist. Left 2004 to found Rhombus Capital Management (managing partner Jul 2004-Dec 2007). Returned to SAC (later Point72) 2007-2015 as senior portfolio manager. Founded Honeycomb 2016. He is part of Steve Cohens spinoff network of dozens of hedge funds. FEC records show donations to both parties - Obama 2007, Hillary Clinton 2005, Harold Ford Jr 2005, also Orrin Hatch, Mitt Romney, Scott Brown, Kelly Ayotte, NRSC, ERIC PAC, John Ensign, Chuck Grassley. Fiszel Family Foundation established 2018. Serves on NYU Langone Orthopedic Hospital board. Active Stuyvesant HS alumnus. Father-in-law is Richard Steinberg.
David Fiszel SEC enforcement history: submitted Declaration in SEC v. Mazzola (N.D. Cal. 3:12-cv-01258, 2012-2014) as SEC witness regarding Frank Mazzola and Felix Investments/Facie Libre Management Associates securities fraud. Previously managed Rhombus Capital Management LP (SEC CIK 0001316313, filed SC 13G/A for Stamps.com 2006). Previously at Point72 Asset Management (Steve Cohen). FEC records show employer Honeycomb Asset Management, occupation Founder, residential address 10 E 78th St New York NY (7 blocks from Epstein 9 E 71st St).
David Fiszel is Founder and CIO of Honeycomb Asset Management LP. Previously at SAC Capital Advisors (Steve Cohen's fund) per FEC records showing employer 'SAC Capital Advisors' in 2016. Before SAC, ran Rhombus Capital Management LP (CIK 0001316313, 540 Madison Ave 27th Fl NYC) filing 13F from 2005-2008. Key staff: Vick Sandhu (COO, GC, CCO), Dominique Ahumada (Head of Capital Partnerships and Talent), Chi Keung Chan (CFO and CCO as of 2025). Wife: Sarah Fiszel.
Fiszel was introduced to Epstein by Eva Dubin in Dec 2015. Sarah Fiszel emailed Eva Dubin on 12/30/2015 sharing David's contact info noting he thrives on stimulating conversation. Eva forwarded to Epstein saying they are here until the 2nd and he lives down the road from me (Palm Beach). By Feb 2016 Fiszel visited Epstein at 9 E 71st and emailed afterward appreciating being included and look forward to launching Honeycomb with your day one partnership. Fiszel was still visiting 9 E 71st as late as April 6, 2019 (3 months before arrest).