0001145549-24-035524.txt : 20240604
0001145549-24-035524.hdr.sgml : 20240604
20240604110052
ACCESSION NUMBER: 0001145549-24-035524
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20240331
FILED AS OF DATE: 20240604
DATE AS OF CHANGE: 20240604
EFFECTIVENESS DATE: 20240604
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: North Square Evanston Multi-Alpha Fund
CENTRAL INDEX KEY: 0001589390
ORGANIZATION NAME:
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-22904
FILM NUMBER: 241016473
BUSINESS ADDRESS:
STREET 1: 1560 SHERMAN AVENUE
STREET 2: SUITE 960
CITY: EVANSTON
STATE: IL
ZIP: 60201
BUSINESS PHONE: 847-328-4961
MAIL ADDRESS:
STREET 1: 1560 SHERMAN AVENUE
STREET 2: SUITE 960
CITY: EVANSTON
STATE: IL
ZIP: 60201
FORMER COMPANY:
FORMER CONFORMED NAME: Evanston Alternative Opportunities Fund
DATE OF NAME CHANGE: 20131016
N-CEN
1
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North Square Evanston Multi-Alpha Fund
811-22904
0001589390
5493003LZ0D84WKLJ903
225 Pictoria Drive, Suite 450
Cincinnati
45246
US-OH
US
5135873400
BNY Mellon Investment Servicing (US) Inc.
301 Bellevue Parkway
Wilmington
19809
18773566316
Records related to its function as administrator
The Bank of New York Mellon
240 Greenwich Street
New York
10286
9733577184
Records related to its function as custodian
N
N
N
N-2
Y
Kenneth A. Meister
004153081
Y
Robert Moyer
N/A
N
Ingrid Stafford
N/A
N
Williams Adams IV
001061251
N
Melanie Lorenzo
005876039
1560 Sherman Avenue, Suite 960
Evanston
60201
XXXXXX
N
N
N
N
N
Foreside Fund Services LLC
8-51293
000046106
N/A
N
N
Deloitte & Touche LLP
00034
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N
N
N
N
N
N
North Square Evanston Multi-Alpha Fund
5493003LZ0D84WKLJ903
N
N/A
Y
N
N
N
N/A
N/A
N/A
N/A
Y
Y
Y
N
Evanston Capital Management, LLC
801-61115
000120338
549300TDR9GW0G1MBJ09
N
BNY Mellon Investment Servicing (US) Inc.
84-01761
549300CFZQLI9QMJ1Z03
N
N
N
N
The Bank of New York Mellon
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N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
BNY Mellon Investment Servicing (US) Inc.
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Other
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Class A
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Other
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N
N
1.000000000000
1.530000000000
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9.660000000000
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INTERNAL CONTROL RPT
2
internalcontrolrpt_evanston.htm
REPORT ON INTERNAL CONTROL
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the shareholders and the Board of Trustees of Evanston Alternative Opportunities Fund:
In planning and performing our audit of the financial statements of Evanston Alternative Opportunities Fund (the “Fund”) as of and for the year ended March 31, 2024, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s 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 Fund’s internal control over financial reporting. Accordingly, we express no such opinion.
The management of the Fund 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 fund’s annual or interim financial statements will not be prevented or detected on a timely basis.
Our consideration of the Fund’s 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 that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls for safeguarding securities, that we consider to be a material weakness, as defined above, as of March 31, 2024.
This report is intended solely for the information and use of management and the Board of Trustees of the Fund 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/ Deloitte & Touche LLP
Chicago, Illinois
May 24, 2024