In 2019, after careful consideration, the Manager concluded that merging the Topaz Multi Strategy Fund and the Amethyst Arbitrage Fund (the “Merger”) was in the best interest of investors. Upon completion of the merger on June 1st 2019, Topaz’s unitholders had their units automatically exchanged for an equivalent value of units in Amethyst, Crystallin’s flag ship fund. The investment strategy and objectives of both funds were substantially the same and both invested in the same underlying portfolio.