Stillwater Absolute Return
Stillwater Absolute Return Fund, L.P. · Hedge / Absolute Return · 2017 Vintage
17 Calder Row, Two Riverside Plaza · Greenwich, Connecticut · Investor Relations: [REDACTED - SPECIMEN]
Dear Investor,
The General Partner of Stillwater Absolute Return Fund, L.P. (the "Fund") hereby notifies you of a cash distribution payable to investors of record. This distribution is characterized as a periodic partial redemption and realized-gains distribution, reflecting realized gains on the Fund's trading portfolio for the applicable period.
| Characterization | Partial redemption / realized gains |
| Total Capital Commitment | $45,000,000 |
| Commitment Drawn to Date | 100% (fully called) |
| Reported Partnership NAV (after distribution) | $51,000,000 |
The Fund is fully drawn. This payment is funded from realized gains and redemption proceeds and will be credited to the account of record identified above on the payment date.
| Crediting Bank | [REDACTED - SPECIMEN] |
| ABA / Routing Number | [REDACTED - SPECIMEN] |
| SWIFT / BIC | [REDACTED - SPECIMEN] |
| Account to Credit | [REDACTED - SPECIMEN] |
| Account Number | [REDACTED - SPECIMEN] |
| Payment Reference | [REDACTED - SPECIMEN] |
Tax reporting for this distribution will be provided on your Schedule K-1 in the ordinary course. Questions may be directed to Investor Relations at the letterhead coordinates.
Very truly yours,