GLG European Alpha Alternative (the Fund) seeks to provide a positive absolute return for investors through long and short investments in equities and derivatives. The Fund will invest in securities of issuers in Europe. The Fund targets market neutral returns with limited volatility. The inception date of the Fund is 22 June 2009. The net returns are calculated net of management fees of 1.25% per annum and, as applicable, performance fees of 20% of the amount by which the Fund exceeds its relevant hurdle. AUM reflects the aggregate of the various share classes and is denominated in USD.