EXHIBIT C

 

Form of Letter of Transmittal

 

LETTER OF TRANSMITTAL
REGARDING INTERESTS IN
AETOS MULTI-STRATEGY ARBITRAGE FUND, LLC

 

TENDERED PURSUANT TO THE OFFER TO PURCHASE
DATED September 1, 2026

 

THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE
AT, AND THIS LETTER OF TRANSMITTAL MUST BE
RECEIVED BY AETOS ALTERNATIVES MANAGEMENT, LP,
EITHER BY MAIL OR BY FAX, BY 12:00 MIDNIGHT,
NEW YORK TIME, ON SEPTEMBER 30, 2026,
UNLESS THE OFFER IS EXTENDED.

 

COMPLETE THE LAST PAGE OF THIS LETTER OF TRANSMITTAL AND RETURN
OR DELIVER TO:

 

Aetos Alternatives Management, LP

875 Third Avenue
New York, New York 10022
 
Attn: Valerie Romeo
 
For additional information:
Phone: (212) 201-2500
Fax: (212) 201-2525

 

Ladies and Gentlemen:

 

The undersigned hereby tenders to Aetos Multi-Strategy Arbitrage Fund, LLC, a closed-end, non-diversified, management investment company organized under the laws of the State of Delaware (the "Fund"), the limited liability company interest in the Fund or portion thereof held by the undersigned, described and specified below, on the terms and conditions set forth in the offer to purchase, dated September 1, 2026 ("Offer to Purchase"), receipt of which is hereby acknowledged, and in this Letter of Transmittal (which together constituted the "Offer"). THE TENDER AND THIS LETTER OF TRANSMITTAL ARE SUBJECT TO ALL THE TERMS AND CONDITIONS SET FORTH IN THE OFFER TO PURCHASE, INCLUDING, BUT NOT LIMITED TO, THE ABSOLUTE RIGHT OF THE FUND TO REJECT ANY AND ALL TENDERS DETERMINED BY IT, IN ITS SOLE DISCRETION, NOT TO BE IN THE APPROPRIATE FORM.

 

The undersigned hereby sells to the Fund the limited liability company interest in the Fund or portion thereof tendered hereby pursuant to the Offer.

 

C-1

 

 

The undersigned hereby warrants that the undersigned has full authority to sell the limited liability company interest in the Fund or portion thereof tendered hereby and that the Fund will acquire good title thereto, free and clear of all liens, charges, encumbrances, conditional sales agreements or other obligations relating to the sale thereof, and not subject to any adverse claim, when and to the extent the same are purchased by it. Upon request, the undersigned will execute and deliver any additional documents necessary to complete the sale in accordance with the terms of the Offer. The undersigned recognizes that under certain circumstances set forth in the Offer, the Fund may not be required to purchase any of the limited liability company interests in the Fund or portions thereof tendered hereby.

 

Payment of the purchase price for the limited liability company interest in the Fund or portion thereof of the undersigned, as described in Section 6 of the Offer to Purchase, shall be sent to the undersigned at its mailing address as listed in the Fund's records, unless such investor advises the Fund in writing of a change in its mailing address. The undersigned recognizes that the amount of the payment will be based on the unaudited estimated net asset value as of September 30, 2026 of the limited liability company interest or portion thereof tendered.

 

All authority herein conferred or agreed to be conferred shall survive the death or incapacity of the undersigned and the obligation of the undersigned hereunder shall be binding on the heirs, personal representatives, successors and assigns of the undersigned. Except as stated in Section 5 of the Offer to Purchase, this tender is irrevocable.

 

C-2

 

 

PLEASE FAX OR MAIL THESE INSTRUCTIONS TO:
 
Aetos Alternatives Management, LP
875 Third Avenue
New York, New York 10022
Aetos Multi-Strategy Arbitrage Fund, LLC (the “Fund”)
Attn: Valerie Romeo
 
For additional information:
Phone: (212) 201-2500
Fax: (212) 201-2525
 

PART 1. NAME:

 

Name of Investor:     

 

Date:    

 

PART 2. REQUESTED TENDER AMount:

 

☐Full tender of limited liability company interest.

 

☐Partial tender of limited liability company interest.*

 

*Please indicate a specific dollar value $__________ or percentage __________% of net asset value.

 

PART 3. PAYMENT INSTRUCTIONS:

 

☐The undersigned directs the Fund to pay the entire amount of the proceeds from this tender to Aetos Alternatives Management, LP (“Aetos”) as directed by Aetos.

 

☐The undersigned directs the Fund to pay the entire amount of the proceeds from this tender to the undersigned in accordance with the payment instructions previously provided to the Fund.

 

☐The undersigned directs the Fund to pay $__________ of the proceeds from this tender to Aetos as directed by Aetos with the remainder to be paid to the undersigned in accordance with the payment instructions previously provided to the Fund.

 

☐The undersigned directs the Fund to pay the entire amount of the proceeds from this tender to the undersigned in accordance with the payment instructions previously provided to the Fund, less the amount of fees payable to Aetos through the expiration date of this tender offer, the amount of which I will notify you of separately.

 

PART 4. SIGNATURE(S):

 

INDIVIDUALS AND JOINT TENANTS:   ENTITIES:
     
     
Signature   Please Print or Type Name of Investor
     
  By:               
(Please Print or Type Name)   Signature
     
     
Signature of Joint Tenant   (Please Print or Type Name of Signatory)  
     
     
(Please Print or Type Name)   Title:  

 

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