Exhibit (E)
------------------------------------------------------------ Columbia Management
Multi-Strategy Hedge Fund, LLC
THIS LETTER IS BEING SENT TO YOU IF YOU TENDERED YOUR LIMITED
LIABILITY COMPANY INTEREST IN THE FUND, OR A PORTION THEREOF.
--------, ----
XXXXX X. XXXXX
XXXX XXXXX XX
XXXXX, XX 00000
Dear :
-----------------------------
Columbia Management Multi-Strategy Hedge Fund, LLC (the "Fund") has
received and accepted for purchase your tender of your limited liability company
interest, or portion thereof, in the Fund.
Because you have tendered and the Fund has accepted your tender
request of all or a portion of your interest in the Fund, you will receive
payment for your tendered interest based on the estimated unaudited net asset
value of your tendered interest as of December 31, 2006 (the "Valuation Date"),
in accordance with the terms of the tender offer:
o If you tendered 95% or more of your interest in the Fund, you will
receive an "Initial Payment" equal to 90% of the estimated unaudited
net asset value of your tendered interest in the Fund as of the
Valuation Date, and a "Contingent Payment" equal to the excess, if
any, of the net asset value of your tendered interest in the Fund as
of the Valuation Date over the amount of the Initial Payment.
o If you tendered less than 95% of your interest in the Fund, you will
receive a "Single Payment" equal to the entire estimated unaudited
net asset value of your tendered interest in the Fund as of the
Valuation Date.
Your Initial Payment or Single Payment, as applicable, will be wire
transferred in cash to the account that you designated in your Letter of
Transmittal dated _________________, 2006 or to such other account that you have
designated to the Fund, no later than February 4, 2006, unless the Valuation
Date of the Interests has changed, or the Fund has requested a withdrawal of its
capital from the portfolio funds in which it has invested, and provided that
your account retains the required minimum balance, in accordance with the terms
of the tender offer. Your Contingent Payment, if applicable, will be paid to you
within 120 days of the Valuation Date. You will remain a member of the Fund with
respect to any portion of your interest in the Fund that you did not tender.
If you have any questions, please contact your dedicated
relationship team at the Private Bank or the Fund's Tender Offer Administrator
at (000) 000-0000. The Fund's helpline is also available and can be reached at
(000) 000-0000 to address any questions regarding the tender offer or the Fund
in general.
Sincerely,
COLUMBIA MANAGEMENT MULTI-STRATEGY HEDGE FUND, LLC
cc:
Enclosure
------------------------------------------------------------ Columbia Management
Multi-Strategy Hedge Fund, LLC
THIS LETTER IS BEING SENT TO YOU IF YOU TENDERED YOUR LIMITED LIABILITY
COMPANY INTEREST IN THE FUND, OR A PORTION THEREOF.
________________,_____
XXXXX X. XXXXX
XXXX XXXXX XX
XXXXX, XX 00000
Dear :
----------------------------------
Columbia Management Multi-Strategy Hedge Fund, LLC (the "Fund") has
received and accepted for purchase your tender of your limited liability company
interest, or portion thereof, in the Fund. Please refer to your investor
statement for December 31, 2006, which reflects the Fund's purchase of your
tendered interest.
Please note that if you tendered 95% or more of your interest in the
Fund, you may receive a Contingent Payment, as described in the Fund's letter to
you dated__________, 2006 and in accordance with the terms of the tender offer.
If you tendered less than 95% of your interest in the Fund, please note that
your account is subject to the Fund's required minimum balance, and that you
remain a member of the Fund with respect to any portion of your interest in the
Fund that you did not tender.
If you have any questions, please contact your dedicated relationship
team at the Private Bank or the Fund's Tender Offer Administrator at (302)
791-2810. The Fund's helpline is also available and can be reached at (888)
786-9977 to address any questions regarding the tender offer or the Fund in
general.
Sincerely,
COLUMBIA MANAGEMENT MULTI-STRATEGY HEDGE FUND, LLC
cc:
Enclosure
------------------------------------------------------------ Columbia Management
Multi-Strategy Hedge Fund, LLC
________________,_____
XXX X. XXX
XXXX XXXXX XXXX
XXXX XXXXX XXXX
XXX, XX 00000
Dear :
-----------------------------
In accordance with the terms of the tender offer, the remaining 10%
contingent payment from your capital withdrawal on December 31, 2006 (the
"Valuation Date") was wire transferred on __________, 2007 to your account or
such other account as you may have designated to the Fund.
If you have any questions, please contact your dedicated
relationship team at The Private Bank or the Fund's Tender Offer Administrator
at (000) 000-0000. The Fund's helpline is also available and can be reached at
(000) 000-0000 to address any questions regarding the tender offer or the Fund
in general.
Sincerely,
COLUMBIA MANAGEMENT MULTI-STRATEGY HEDGE FUND, LLC
cc:
Enclosure
