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Alternative Liquidity, Waverton to raise capital via new share class

16th Jul 2021 17:42

(Alliance News) - Alternative Liquidity Fund Ltd on Friday said that the company and Waverton Investment Management Ltd have signed a memorandum of understanding to work together to raise further capital to support the launch of a new share class.

Guernsey-based Alternative Liquidity Fund is an incorporated closed-ended investment company.

Upon success, Waverton will be appointed as investment manager to the new share class of the company.

Alternative Liquidity will provide more information in due course.

Shares in Alternative Liquidity Fund Ltd ended down 32% at 0.044 US cents each in London on Friday.

By Amrit Sahota; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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