Kensington Capital Partners Ltd. has filed a preliminary prospectus in connection with the follow-on offering of units of Kensington Global Private Equity Fund.

Kensington Investment Management Inc., a wholly owned Kensington subsidiary, provides investment advisory and portfolio management services to the fund.

The fund was created to provide retail investors with exposure to a diversified portfolio of global private equity investments, including private equity funds, funds of private equity funds and direct investments in private companies. The fund completed its IPO of on April 20, by way of instalment receipts for total proceeds of $22,680,400. The total proceeds of the initial offering have now been fully committed to underlying private equity investments consisting of six primary funds, one secondary fund portfolio, two direct co-investments and three international funds of funds. This globally diversified portfolio of private equity investments consists of a variety of companies in various industry groups at various stages of their business and investment life-cycles.

Purchasers of units in the current offering will participate in the fund’s portfolio of private equity investments on the same basis as existing unitholders.

Kensington continues to see many attractive opportunities for additional investments in private equity and is now seeking additional capital for the fund through this follow-on offering in order to further develop the portfolio of private equity investments.

The objective of the fund is to maximize long-term total returns for investors through distributions of net income and net realized capital gains, while minimizing risk through prudent diversification.

The offering is being led by CIBC World Markets Inc., Scotia Capital Inc. and National Bank Financial Inc. with a syndicate of dealers including Canaccord Capital Corporation, Dundee Securities Corp., GMP Securities L.P., Berkshire Securities Inc., Blackmont Capital Inc., Raymond James Ltd. and Wellington West Capital Inc.

A copy of the preliminary prospectus may be obtained from at www.sedar.com.