Exhibit (A)
---------------------------------------------------------- BACAP Alternative
Multi-Strategy Fund, LLC
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IF YOU DO NOT WANT TO SELL FUND INTERESTS AT THIS TIME, PLEASE
DISREGARD THIS NOTICE. THIS LETTER AND THE ATTACHED
INFORMATION ARE SIMPLY NOTIFICATION OF THE FUND'S TENDER OFFER.
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September 28, 2006
Dear Investor:
We are writing to inform you of important dates relating to a tender offer by
BACAP Alternative Multi-Strategy Fund, LLC (the "Fund"). If you are not
interested in selling your limited liability company interests in the Fund
("Interest" or "Interests" as the context requires) at this time, please
disregard this notice.
TENDER OFFER INFORMATION
The tender offer period will begin on September 28, 2006 and end at 12:00
midnight, Eastern Time, on October 27, 2006. The purpose of the tender offer is
to provide liquidity to Investors who hold Interests. Fund Interests may be
redeemed only by tendering them during one of the Fund's announced tender
offers.
Should you wish to tender your Interest or a portion of your Interest during
this tender offer period, please complete and return the enclosed Letter of
Transmittal in the enclosed envelope or by fax so that it arrives no later than
October 27, 2006. If you do not wish to tender your Interest, simply disregard
this notice. NO ACTION IS REQUIRED IF YOU DO NOT WISH TO SELL ANY PORTION OF
YOUR INTEREST AT THIS TIME.
All requests to tender Fund Interests must be RECEIVED by the Fund's
Sub-Transfer Agent, Citigroup Global Transaction Services ("Citigroup"), either
by mail or by fax (if by fax, please deliver an original, executed copy promptly
thereafter) in good order by October 27, 2006. IF YOU ELECT TO TENDER, PLEASE
CONFIRM RECEIPT OF THE LETTER OF TRANSMITTAL WITH CITIGROUP BY CALLING (207)
879-6093.
TO LEARN MORE
If you would like to learn more about the tender offer, please refer to the
attached Offer to Purchase document, which contains additional information. If
you have any questions, please contact your dedicated relationship team at Bank
of America or Citigroup at (000) 000-0000. The Fund's helpline (000) 000-0000 is
also available to address any questions regarding the tender offer or the Fund
in general.
Sincerely,
BACAP ALTERNATIVE MULTI-STRATEGY FUND, LLC
