Highbridge Multi-Strategy Fund (HMSF; the Company) is a closed-ended investment company admitted to trading on the London Stock Exchange which launched in May 2006. Its investment objective is to generate consistent returns with low volatility. Before March 2016, the Company was known as BlueCrest AllBlue and it invested in a fund of internal hedge funds managed by BlueCrest Capital Management (BCCM). Following notice of the return of external capital by BCCM from the start of 2016, Highbridge Capital Management (HCM) was appointed as the Company’s investment manager following an extensive manager selection exercise.