# 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** |