Update Regarding the Wind-Up of Star Hedge Managers Corp. I and Star Hedge Managers Corp. II
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 04/02/15 -- As previously announced on January 28, 2015, BMO Nesbitt Burns Inc., the administrator of Star Hedge Managers Corp. I and Star Hedge Managers Corp. II (each, a "Fund" and together, the "Funds"), has decided to wind-up the Funds on or about April 21, 2015 in accordance with the articles of incorporation governing each Fund.
Prior to the termination date, the administrator will convert the portfolio to cash and all property remaining after paying or providing for all liabilities and obligations of the respective Funds will be distributed pro-rata among the applicable shareholders based on the net asset value (NAV) per Class A Share of the relevant Fund as of the termination date. The Class A Shares of each Fund will be delisted from the Toronto Stock Exchange on or about April 21, 2015. Payment of amounts on termination will be made on or about April 24, 2015.
For further information, please visit the Funds'' website at under "Closed-End Funds".
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Investor Relations
1-866-864-7760
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Datum: 02.04.2015 - 14:05 Uhr
Sprache: Deutsch
News-ID 1348911
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