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Alternative Liquidity Capital Proposes Tender Offer for Shares of Closed Wildermuth Fund

Posted on January 4th, 2024 at 2:39 PM
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.

 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

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