Grosvenor Registered Multi-Strategy Fund (TI 2), LLC HEDGE FUND
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 _______________________:
Grosvenor Registered Multi-Strategy Fund (TI 2), 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, 2010 (the "Valuation Date"), in accordance
with the terms of the tender offer:
- 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.
- 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 deposited
into your account with Xxxxxxx Xxxxx, Xxxxxx, Xxxxxx & Xxxxx, Inc. ("Xxxxxxx"),
no later than February 4, 2011, unless the Valuation Date 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 Xxxxxxx Financial Adviser.
Sincerely,
GROSVENOR REGISTERED MULTI-STRATEGY FUND (TI 2), LLC
cc:
Enclosure
Grosvenor Registered Multi-Strategy Fund (TI 2), LLC HEDGE FUND
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 ___________________:
Grosvenor Registered Multi-Strategy Fund (TI 2), 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, 2010 (the "Valuation Date"), which reflects the
Fund's purchase of your tendered interest.
If you tendered 95% or more of your interest in the Fund, 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 was deposited into your account
with Xxxxxxx Lynch, Xxxxxx, Xxxxxx & Xxxxx, Inc. ("Xxxxxxx") on __________,
2011. You will receive a Contingent Payment as described in the Fund's letter to
you dated __________, 2010 and in accordance with the terms of the tender offer.
If you tendered less than 95% of your interest in the Fund, a Single
Payment equal to the entire estimated unaudited net asset value of your tendered
interest in the Fund as of the Valuation Date, was deposited into your account
with Xxxxxxx on __________, 2011. 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 Xxxxxxx Financial Adviser.
Sincerely,
GROSVENOR REGISTERED MULTI-STRATEGY FUND (TI 2), LLC
cc:
Enclosure
Grosvenor Registered Multi-Strategy Fund (TI 2), LLC HEDGE FUND
_________________, _____
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, 2010 (the
"Valuation Date") was deposited into your account with Xxxxxxx Lynch, Xxxxxx,
Xxxxxx & Xxxxx, Inc. ("Xxxxxxx").
If you have any questions, please contact your Xxxxxxx Financial Adviser.
Sincerely,
GROSVENOR REGISTERED MULTI-STRATEGY FUND (TI 2), LLC
cc:
Enclosure
