SUBSCRIPTION AGREEMENT
This Agreement is made as of the 19th day of June, 2018 between Grosvenor Capital Management, L.P., an Illinois limited partnership, (“GCMLP”), and Hedge Fund Guided Portfolio Solution, a Delaware statutory trust (the “Fund”).
WHEREAS, the Fund wishes to sell to GCMLP, and GCMLP wishes to purchase from the Fund, $100,000 of common shares of beneficial interest, $.001 par value per share, of the Fund (10,000 common shares at a purchase price of $10.00 per share (collectively, the “Shares”)); and
WHEREAS, GCMLP is purchasing the Shares for the purpose of providing the initial capitalization of the Fund as required by the Investment Company Act of 1940, as amended;
NOW, THEREFORE, the parties hereto agree as follows:
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Promptly after the execution of this Agreement, GCMLP will wire $100,000 to the Fund in full payment for the Shares.
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GCMLP agrees that it is purchasing the Shares for investment and has no present intention of reselling the Shares.
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Executed as of the date first set forth above.
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GROSVENOR CAPITAL MANAGEMENT, L.P.
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By:
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/s/ Xxxxxx X. Xxxxxxx
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Name:
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Xxxxxx X. Xxxxxxx
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| Title: | Managing Director | ||
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By:
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/s/ Xxxxx X. Xxxxxxxx
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Name:
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Xxxxx X. Xxxxxxxx
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| Title: | President and Chief Executive Officer | ||
