0001773262-19-000023.txt : 20190411 0001773262-19-000023.hdr.sgml : 20190411 20190411152441 ACCESSION NUMBER: 0001773262-19-000023 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190131 FILED AS OF DATE: 20190411 DATE AS OF CHANGE: 20190411 EFFECTIVENESS DATE: 20190411 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AETOS MULTI-STRATEGY ARBITRAGE FUND LLC CENTRAL INDEX KEY: 0001169580 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-21061 FILM NUMBER: 19743699 BUSINESS ADDRESS: STREET 1: CLIFFORD CHANCE ROGER & WELLS STREET 2: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: 212-201-2500 MAIL ADDRESS: STREET 1: AETOS ALTERNATIVES MANANGEMENT, LP STREET 2: 875 THIRD AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: AETOS CAPITAL MULTI-STRATEGY ARBITRAGE FUND LLC DATE OF NAME CHANGE: 20060605 FORMER COMPANY: FORMER CONFORMED NAME: AETOS MULTI STRATEGY ARBITRAGE FUND LLC DATE OF NAME CHANGE: 20020320 N-CEN 1 primary_doc.xml X0201 N-CEN LIVE 1169580 XXXXXXXX false false N-2 AETOS MULTI-STRATEGY ARBITRAGE FUND LLC 811-21061 1169580 254900NXWKVVDK4PTY73 875 THIRD AVENUE 6TH FLOOR NEW YORK 10022 US-NY US 2122012500 HEDGESERV (CAYMAN) LTD. 3RD FLOOR WILLOW HOUSE CRICKET SQUARE, GEORGE TOWN GRAND CAYMAN KY KY1-1104 1 345 769 8120 FUND ADMINISTRATION RECORDS AETOS ALTERNATIVES MANAGEMENT, LP 875 THIRD AVENUE, 6TH FLOOR NEW YORK 10022 212-201-2500 FINANCIAL STATEMENTS AND RELATED RECORDS AND CERTAIN LEGAL FILES. JPMORGAN CHASE BANK, NA 4 CHASE METROTECH CENTER BROOKLYN 11245 (212) 623-1423 CUSTODY RECORDS HEDGESERV LIMITED 75 ST STEPHENS GREEN DUBLIN IE 2 353 1 234 1000 FUND ADMINISTRATION RECORDS Y N N-2 1 Y Ellen Harvey 001712045 N Pierre de Saint Phalle N/A N Warren J. Olsen 000172005 N Michael F. Klein 002669395 Y Reid William Conway 003117559 875 Third Avenue 6th Floor New York 10022 XXXXXX N N N N N N N N PricewaterhouseCoopers LLC 238 5493002GVO7EO8RNNS37 N N N N N N AETOS CAPITAL MULTI-STRATEGY ARBITRAGE FUND 254900NXWKVVDK4PTY73 Y Fund of Funds Y N N N N/A N/A N/A N/A N N N N AETOS ALTERNATIVES MANAGEMENT, L.P. 801-60760 000116761 N/A N HEDGESERV (CAYMAN) LTD. 84-9999999 549300KDJHY3CTMXQT56 KY N N N N JP MORGAN CHASE BANK NA 7H6GLXDRUGQFU57RNE97 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N HEDGESERV (CAYMAN) LTD. 549300KDJHY3CTMXQT56 84-9999999 KY N N N HEDGESERV (CAYMAN) LTD. 549300KDJHY3CTMXQT56 84-9999999 KY N N N 0.00 0.00 N 504889593.00 Other N/A LLC INTERESTS N N Other LLC INTERESTS N N N 0.55 0.77 0.00 true INTERNAL CONTROL RPT 2 internalcontrolletter.txt Report of Independent Registered Public Accounting Firm To the Board of Managers and Members of Aetos Multi-Strategy Arbitrage Fund, LLC Aetos Distressed Investment Strategies Fund, LLC Aetos Long/Short Strategies Fund, LLC In planning and performing our audits of the financial statements of Aetos Multi-Strategy Arbitrage Fund, LLC, Aetos Distressed Investment Strategies Fund, LLC, and Aetos Long/Short Strategies Fund, LLC (hereafter collectively referred to as the Funds) as of and for the year ended January 31, 2019, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Funds' internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Funds' internal control over financial reporting. The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management and directors of the fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a fund's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Funds' annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Funds' internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds' internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of January 31, 2019. This report is intended solely for the information and use of the Board of Managers of Aetos Multi-Strategy Arbitrage Fund, LLC, Aetos Distressed Investment Strategies Fund, LLC, and Aetos Long/Short Strategies Fund, LLC and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ PricewaterhouseCoopers LLP New York, New York March 29, 2019