EX-99.1
Exhibit 99.1
Cover Letter to Offer to Purchase and Letter of Transmittal
IF YOU DO NOT WANT TO REDEEM YOUR SHARES AT THIS TIME FOR
ANY REASON, INCLUDING IF YOU ARE SUBJECT TO AN AGREEMENT NOT
TO REDEEM YOUR SHARES FOR AN INITIAL HOLDING PERIOD, PLEASE DISREGARD
THIS NOTICE. THIS IS SIMPLY NOTIFICATION OF THE FUND’S TENDER OFFER.
January 22, 2014
Dear Shareholder of the Salient Alternative Strategies I Fund:
We are writing to inform you of important dates related to the tender offer by the Salient Alternative Strategies I Fund (the “Fund”). If you are not interested in selling your shares of beneficial interest at this time, please disregard this notice and take no action.
The tender offer period will begin on January 22, 2014 and end on February 19, 2014. The purpose of the tender offer is to provide liquidity to Shareholders. Shares of beneficial interest can be redeemed by means of a tender offer only during one of the Fund’s announced tender offers.
Should you wish to sell any of your shares of beneficial interest during this tender offer period, please complete the enclosed Letter of Transmittal (the two page Tender Offer Form will suffice) and contact your financial advisor who services your account for specific return instructions. Allow for additional processing time by your financial intermediary if necessary as the Letter of Transmittal must ultimately be received by the Fund’s Investment Adviser, Salient Advisors, L.P. either by mail or by fax in good order bymidnight, Central Standard Time, on February 19, 2014. If you do not wish to redeem shares of beneficial interest for any reason, including if you are subject to an agreement not to redeem your shares for an initial holding period, simply disregard this notice.No Action is Required if You Do Not Wish to Redeem at This Time.
If you have any questions, please refer to the attached Offer to Purchase document, which contains additional important information about the tender offer, or call the Support Desk of the Investment Adviser at (800) 725-9456.
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| Sincerely, |
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| Salient Alternative Strategies I Fund |
