Aston Hill Asset Management Inc. announces intention to wind-up Aston Hill Global Agribusiness Fund
TORONTO, July 6, 2012 /CNW/ - Aston Hill Asset Management Inc., the manager of Aston Hill Global Agribusiness Fund (the "Fund") (TSX: AGB.UN), announced today its intention to wind-up the Fund. Following the most recent annual redemptions, the net asset value of the Fund has been reduced to approximately $3 million. In the opinion of the Manager, it is no longer economically feasible to continue the Fund and the Manager will commence steps to terminate the Fund. Due to two illiquid investments currently held by the Fund, the Manager expects that the termination will not be completed until sometime in 2013.For further information:
Michael J. Killeen
Aston Hill Asset Management Inc.