BluMont Capital has completed the merger of the BluMont Core Hedge Fund with the Exemplar Market Neutral Portfolio. The termination of the core hedge of the firm was effective from May 27, 2011.
As a part of the merger, the Market Neutral Portfolio will have the same fundamental investment objective as the core hedge fund, while Sherpa Asset Management will continue to be the portfolio sub-advisor. The Core hedge fund is no more a reporting issuer in any of the provinces of Canada, where it had such status.
Click here for the release from Market Wire.