AIG STRATEGIC HEDGE FUND OF FUNDS PURCHASE AGREEMENT
AIG STRATEGIC HEDGE FUND OF FUNDS
Purchase Agreement dated June 1, 2004 between AIG Strategic Hedge Fund of Funds, a Delaware statutory trust (the “Fund”), and AIG Global Asset Management Holdings Corp., a corporation organized under the laws of the State of New Jersey (“Purchaser”);
WHEREAS, the Fund is a closed-end management investment company registered or to be registered under the Investment Company Act of 1940, as amended (the “1940 Act”); and
WHEREAS, the Fund proposes to issue and sell, through private placement, shares of beneficial interests in the Fund (“Shares”) pursuant to a Registration Statement on Form N-2 filed with the Securities and Exchange Commission.
NOW, THEREFORE, the Fund and Purchaser hereby agree as follows:
1. | The Fund offers to sell to Purchaser, and Purchaser agrees to purchase from the Fund, 10,000 Shares for an aggregate price of $100,000 on or before June 1, 2004. |
2. | Purchaser represents and warrants to the Fund that Purchaser is not acquiring the Shares with a view toward resale or further distribution to third parties. |
3. | Purchaser’s right under this Purchase Agreement to purchase the Shares is not assignable. |
IN WITNESS WHEREOF, the Fund and Purchaser have caused their duly authorized officers to execute this Purchase Agreement as of the date above.
AIG Strategic Hedge Fund of Funds | AIG Global Asset Management Holdings Corp. | |||||
By: |
/s/ Xxxxxx X. Xxxxx |
By: |
/s/ Xxxxxx Xxxxxxxx | |||
Name: |
Xxxxxx X. Xxxxx |
Name: |
Xxxxxx Xxxxxxxx | |||
Title: |
Treasurer and Principal Financial Officer |
Title: |
Senior Managing Director |