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Friedburg Global-Macro Hedge Fund Limited Partnership (Re), 2011 CanLII 74372 — OSC | minicounsel | minicounsel

November 21, 2011

Friedburg Global-Macro Hedge Fund Limited Partnership (Re), 2011 CanLII 74372

Case Summary

The Friedburg Global-Macro Hedge Fund Limited Partnership applied to the Director of the Ontario Securities Commission for exemptive relief under section 19.1 of National Instrument 41-101. The applicant sought relief from subsection 2.3(1), which prohibits filing a prospectus more than 90 days after the receipt for the preliminary prospectus. The Director granted the requested exemption, provided the final prospectus is filed no later than November 30, 2011.

Ontario Commission des P.O. Box 55, 19^th Floor CP 55, 19e étage

Securities valeurs mobilières 20 Queen Street West 20, rue queen ouest

Commission de l’Ontario Toronto ON M5H 3S8 Toronto ON M5H 3S8

Web site: www.osc.gov.on.ca

Headnote National Policy 11-203 Process For Exemptive Relief Applications in Multiple Jurisdictions - NI 41-101 - Relief granted to an investment fund to file a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.

Applicable Legislative Provisions

National Instrument 41-101 – General Prospectus Requirements, ss. 2.3(1) and 19.1.

VIA SEDAR

November 21, 2011

McCarthy Tetrault LLP

Attention: Gary Litwack

Dear Sirs/Mesdames:

Re: Friedburg Global-Macro Hedge Fund Limited Partnership (the Partnership)

Exemptive Relief Application under Section 19.1 of National Instrument 41-101 General Prospectus Requirements (“NI 41-101”)

Application No. 2011/0870, SEDAR Project No. 1709049

By letter dated November 15, 2011 (the Application), the Partnership applied to the Director of the Ontario Securities Commission (the Director) pursuant to section 19.1 of NI 41-101 for relief from the operation of subsection 2.3(1) of NI 41-101, which prohibits an issuer from filing a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.

This letter confirms that, based on the information and representations made in the Application, and for the purposes described in the Application, the Director grants the requested exemption to be evidenced by the issuance of a receipt for the Partnership’s prospectus, provided the Partnership’s final prospectus is filed no later than November 30, 2011.

Yours very truly,

“Darren McKall”

Darren McKall

Manager, Investment Funds Branch

Headnote

National Policy 11-203 Process For Exemptive Relief Applications in Multiple Jurisdictions - NI 41-101 - Relief granted to an investment fund to file a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.

Applicable Legislative Provisions

National Instrument 41-101 – General Prospectus Requirements, ss. 2.3(1) and 19.1.