TORONTO, Dec. 6, 2011 /CNW/ - Diversified Alpha Fund II (the "Fund") announces that the Fund's syndicate of agents for its initial public offering has exercised its over-allotment option and acquired an additional 269,000 Units of the Fund. In total, the Fund issued 5,069,000 Units pursuant to its initial public offering, for gross proceeds of $50,690,000. The Units are listed on the Toronto Stock Exchange under the symbol AFT.UN.
The syndicate of agents for this offering was led by CIBC, GMP Securities L.P., and RBC Capital Markets, and includes BMO Capital Markets, Scotia Capital Inc., TD Securities Inc., Canaccord Genuity Corp., HSBC Securities (Canada) Inc., Macquarie Private Wealth Inc., Raymond James Ltd., Desjardins Securities Inc., Dundee Securities Ltd and Manulife Securities Incorporated.
please call Raj Lala, President, Propel Capital at 416-572-2364 or visit www.propelcapital.ca