Receipt of Redemption Proceeds

RNS Number : 4530Q

Highbridge Multi-Strategy Fd Ltd £

29 February 2016

 

HIGHBRIDGE MULTI-STRATEGY FUND LIMITED, FORMERLY BLUECREST ALLBLUE FUND LIMITED (the "Company")

29 February 2016

Receipt of Redemption Proceeds

The Company is pleased to announce that it has now received from AllBlue Limited and AllBlue Leveraged Feeder Limited a further tranche of redemption monies in the sum of approximately £32 million and $2 million. The Company has now received a total of approximately £538 million and $31 million from AllBlue and AllBlue Leveraged (the "AllBlue Funds"), representing approximately 75% of the value of the Company's investment in the Sterling classes of the AllBlue Funds and approximately 79% of the value of its investment in the US$ classes of the AllBlue Funds.  Approximately 78% of the Sterling Class net assets and 80% of the US Dollar Class net assets of the Company are held as cash.  

Terms used and not defined in this announcement will bear the meanings given in the Circular to Shareholders dated 8 February 2016.

For further information contact:

JTC (Guernsey) Limited, Secretary

Tel:  [phone]

Jefferies International Limited

Gary Gould/ Alex Collins

Tel:  + 44 (0) 20 7029 8000

Dexion Capital Plc

Robin Bowie/ Katie Standley

Tel:  [phone]

 

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