Kensington Global Private Equity Fund

Kensington Global Private Equity Fund

September 17, 2014 11:09 ET

Kensington Global Private Equity Fund

TORONTO, ONTARIO--(Marketwired - Sept. 17, 2014) -

Attention: Business / Financial Editors

Kensington Capital Advisors Inc. (the "Manager"), the manager of Kensington Global Private Equity Fund ("Global Fund"), announced today that holders of units of Global Fund have approved a transaction (the "Transaction") involving Global Fund and a new private investment trust to be known as "Kensington Private Equity Fund" ("New Fund") and that the Transaction has been completed. As a result of the Transaction, unitholders of Global Fund have become unitholders of New Fund in the same economic position as they were prior to the Transaction. New Fund has the same investment portfolio managed by the same investment team with the same investment objectives and strategies as Global Fund, except that New Fund is not a reporting issuer.

About Kensington:

Kensington, founded in 1996, is a leading Canadian investor in alternative investments. Kensington is best known for its private equity investment programs, having committed over $600 million since 2002, and is also an active investor in infrastructure assets and hedge funds. Institutional investors such as pension funds and professional asset managers, as well as high net-worth individuals and retail investors, hold Kensington funds. For more information on Kensington and current offerings, please visit www.kcpl.ca.

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