Alternative Liquidity Capital Proposes Tender Offer for Shares of Closed Wildermuth Fund
From the desk of Jim Eccleston at Eccleston Law
Liquidity Index LP, an affiliated Delaware limited partnership of Alternative Liquidity Capital, has offered to acquire up to 238,000 Class I shares of The Wildermuth Fund.
The fund’s shares most recent net asset value, as of August 14, 2023, was $10.00 each. Liquidity Index LP seeks to purchase them at $2.50 each. This discounted offer is presented as a solution for investors seeking cash for their investments, especially in light of the suspension of the Wildermuth Fund's quarterly repurchase offers.
The fund is no longer actively pursuing its stated investment objectives or strategies. It is now focused solely on liquidating its assets in preparation for an "orderly dissolution," as reported by DIWire.
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