Liquidation: AIP Multi-Strategy Fund P

Form Type: N-CSR

Filing Date: 2025-03-07

Corporate Action: Liquidation

Type: Update

Accession Number: 000110465925021707

Filing Summary: The AIP Multi-Strategy Fund P has reported its annual financial results for the year ended December 31, 2024, including audited financial statements. The Fund is in liquidation as determined by the Board of Trustees, with the expectation to distribute liquidation proceeds to the shareholders on a quarterly basis as they receive redemption proceeds from the Master Fund. As of the report date, the Fund showed a net asset value of $126,110 with significant operational losses including a net investment loss and decline in net assets resulting from operations of $(126,780). The Fund’s organizational structure is a 'Feeder' fund in a 'Master-Feeder' arrangement, primarily investing in AIP Multi-Strategy Fund A. The report confirms that the Fund has been dissolved and is expected to proceed with the liquidation process, distributing assets as they are realized from the Master Fund before final dissolution. There were no dividends declared in 2024 and the Fund adheres to certain tax regulations to avoid federal tax liabilities. The management fees have ceased since April 2020, and for the year ended December 31, 2024, there were no expense reimbursements from the Investment Adviser.