The HGC Arbitrage Fund LP (the Fund) is an Arbitrage strategy that specializes in the North American small and mid-cap market. Strategies within the Fund include Traditional Merger Arbitrage, Subscription Receipts, and Special Purpose Acquisition Corporations. The Fund seeks to provide a low volatility return profile while producing superior risk adjusted returns.

PDFHGC Arbitrage LP Investor Presentation

++ 2015 – 2017 Performance returns are of the lead series of Class F units

*** S&P/TSX Comp Total Return Index – The TSX Total Return Index is a widely-known equity index of Canadian large-cap companies. Investing in US and Canadian equities long and short is the primary strategy for HGC as part of the merger arbitrage strategy but HGC does not invest in all or necessarily any of the securities that compose the market indexes. Reference to the indexes does not imply that HGC will achieve returns similar to the indexes.

**** Hedge Fund Research Inc. : Merger Arbitrage Index – Performance is subject to minor variances due to independent Manager trailing reporting

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