Next Edge Capital Announces Unitholder Approval of Merger of Next Edge AHL Alpha Fund With Next Edge AHL Fund

TORONTO, ONTARIO--(Marketwired - Dec. 5, 2014) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Next Edge Capital Corp. ("Next Edge"), the Manager of Next Edge AHL Alpha Fund (the "Fund"), announces that at the Adjourned Special Meeting of unitholders of the Fund held today, the Class A unitholders and Class F unitholders of the Fund have unanimously approved the special resolution approving (i) the merger (the "Merger") of the Fund with Next Edge AHL Fund (the "Continuing Fund"); (ii) the redemption of all outstanding units of the Fund in exchange for units of the Continuing Fund; (iii) the subsequent wind‐up and dissolution of the Fund; (iv) all necessary amendments to the amended and restated declaration of trust of the Fund dated as of June 11, 2014; and (v) such other steps as may be necessary or desirable to give effect to the foregoing.

Subject to the receipt of necessary regulatory approvals, the Merger is expected to occur on or about December 15, 2014.

Nothing in this announcement should be construed as or is intended to be a solicitation for or an offer to provide investment services.

Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.