Alternative Liquidity Share Discussion Threads

[jonwig] 21/10/2022 10:10

I see they've just issued their annual report:



Any potential interest is quashed by the ridiculous spread ... unless you can get well within it.

[zcaprd7] 16/10/2020 13:18

Don't they do monthly reports

[rjmahan] 07/10/2020 21:22

Still in it - one for the very patient...

[zcaprd7] 06/10/2020 12:48

Still lurking...

[maverick081267] 06/10/2020 11:50

Knock knock knock anyone home??

[zcaprd7] 14/9/2020 16:08

Anyone still in this?

[zcaprd7] 06/5/2020 16:22

Oof, how about now?

[zcaprd7] 24/4/2020 12:48

This is back on my radar, any news today?

[zcaprd7] 29/1/2020 15:23

Worth a punt now?

[rjmahan] 05/12/2019 21:36

Another nice return of capital :-)

[zcaprd7] 22/11/2019 15:01

Could be tempted now, bit of a nasty spread though?

[zcaprd7] 18/11/2019 16:30

Looks like timing will be everything?

[rjmahan] 25/10/2019 10:59

I can convert share classes any time until 2020 so I don't need to make a decision now. I invested in this as a liquidation fund but I can see the attraction of buying former hedge fund assets - as there are not many buyers a good price can be achieved. My concern is if now is the time I want to get into this - I broadly think it isnt.

I still hold ALF and will wait a little bit longer I suspect payouts will come and the discount vs NAV could be understated.

[zcaprd7] 24/10/2019 21:05

Any thoughts on the prospectus?

[rjmahan] 11/4/2019 21:06

Liquidation at anything close to book is out of their hands. They might be able to liquidate now for 25% or 10% of NAV, or, wait a bit and get 75 - 80 -100%.#A bit could well be years, or not.



Numbers laughably out of date but I think covers the idea...

[zcaprd7] 11/4/2019 14:08

Right, so when they say:The realisation portfolio (the "Realisation Portfolio") which will be realised as rapidly as possible and the proceeds returned to Realisation Shareholders.They don't mean that rapidly then...

[rjmahan] 13/2/2019 11:55

They can't offload the illiquid stuff promptly - it's too illiquid! That's the whole point of the fund - to realise it slowly and get a better price.

[zcaprd7] 12/2/2019 12:09

Is it a cheaper way to set up a new fund or something... Will they actually offload the illiquid stuff promptly?

[rjmahan] 08/2/2019 22:40

Launching alternate non-realizing fund that will buy / liquidate side pockets as a business - I will probably take some. ALF - going into liquidating fund....

[zcaprd7] 07/2/2019 09:25

What's all this then?

[rjmahan] 04/7/2018 21:53

$9K - pocket money to these guys... Though buying could be being limited by lack of liquidity.... I

[zcaprd7] 04/7/2018 15:00

Director seems to think so?