# Converium Capital Offshore Fund Ltd. # Converium Capital Offshore Fund Ltd.
**New Category**Investment in Private Company
**Investment Manager**Converium Capital
**Fund Status**Open
**Archive**No
**Custodian**Hedges (Cayman) Ltd Administrator
**Jurisdiction**Cayman Islands
**T1135 Reporting**Yes (unless holds more than 10% - T1134)
**Currency**USD
**Tax Slip**Statement reflecting redemptions
**Receiver** **of Tax Receipt**RFO/Client
**Statements Expected** Monthly
**Accounting** **Treatment**Record distributions as foreign dividend income
**Tax Memo/** **Tax Treatment**Capital Gains (canadianization needed)
**US Tax Return Required**No
**Type**Corporation
**Nature** **of Investment**Multi Strategy Hedge Fund The fund strategy seeks to generate positive and uncorrelated returns in distressed and event-driven opportunities globally and across the capital structure regardless of the macroeconomic environment. The fund aims to have an asymmetric return profile with strong downside risk mitigation
**Notes**