Absolute Capital Management, the London-listed hedge fund, is expected to have its proposals to restructure four of its funds passed at this weekend's shareholder vote, after the company adopted several recommendations from shareholders which had threatened to vote against the plans.

Absolute Capital, which is listed on London's Alternative Investment Market, intends to restructure four of its hedge funds that have a high proportion of their assets in illiquid stocks. In September, co-founder Florian Homm resigned abruptly and the company closed several of its funds to redemptions, citing liquidity concerns.