EX-99.(P) 11 dex99p.txt INTIAL SUBSCRIPTION AGREEMENT Exhibit p SUBSCRIPTION AGREEMENT among AETOS CAPITAL MULTI-STRATEGY ARBITRAGE FUND, LLC AETOS CAPITAL DISTRESSED INVESTMENT STRATEGIES FUND, LLC AETOS CAPITAL LONG/SHORT STRATEGIES FUND, LLC AETOS CAPITAL MARKET NEUTRAL STRATEGIES FUND, LLC and JAMES M. ALLWIN For and in consideration of the mutual agreements herein contained, JAMES M. ALLWIN (the "Subscriber") hereby agrees to purchase from each of AETOS CAPITAL MULTI-STRATEGY ARBITRAGE FUND, LLC, AETOS CAPITAL DISTRESSED INVESTMENT STRATEGIES FUND, LLC, AETOS CAPITAL LONG/SHORT STRATEGIES FUND, LLC and AETOS CAPITAL MARKET NEUTRAL STRATEGIES FUND, LLC (each, a "Fund" and, collectively, the "Funds"), and each Fund hereby agrees to sell to the Subscriber a limited liability company interest in the Fund in consideration for $100,000, upon the following terms and conditions: 1. The Subscriber agrees to pay $100,000 to each Fund upon demand. 2. The Subscriber agrees that these initial interests in the Funds are being purchased for investment purposes with no present intention of reselling or redeeming said interests. /s/ James M. Allwin -------------------------- James M. Allwin AETOS CAPITAL MULTI-STRATEGY ARBITRAGE FUND, LLC By: Aetos Alternatives Management, LLC Manager By: /s/ Harold Schaaff -------------------------------------------- Name: Harold Schaaff Title: Managing Director AETOS CAPITAL DISTRESSED INVESTMENT STRATEGIES FUND, LLC By: Aetos Alternatives Management, LLC Manager By: /s/ Harold Schaaff -------------------------------------------- Name: Harold Schaaff Title: Managing Director AETOS CAPITAL LONG/SHORT STRATEGIES FUND, LLC By: Aetos Alternatives Management, LLC Manager By: /s/ Harold Schaaff -------------------------------------------- Name: Harold Schaaff Title: Managing Director AETOS CAPITAL MARKET NEUTRAL STRATEGIES FUND, LLC By: Aetos Alternatives Management, LLC Manager By: /s/ Harold Schaaff -------------------------------------------- Name: Harold Schaaff Title: Managing Director