Final FSB Submission Made

The final submission has been made to the Financial Services Board (FSB), the financial regulator in South Africa. This is in relation to the launch of our first fund under the new Qualifying Investor Hedge Fund (QIHF) framework. We expect this process to complete in late January or early February. For the first time, South African investors will be able to invest in Belmont through a locally- registered, ZAR-denominated vehicle.