Arch cru investors face 3-5 year wait for wind-up payments

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Investors in the CF Arch cru range are likely to face a three to five year wait to receive a full realisation from the stricken funds.

Capita says with the "significant lack of liquidity" in the shares of the underlying cells, and very little prospect of the position changing in the foreseeable future, an orderly realisation is in the best interests of shareholders. The group, which was the ACD of the range, believes an orderly realisation is likely to take three to five years to complete. However, Capita currently anticipates making the first payment by no later than February 2010. According to the 30 September estimated NAVs, the value of the £242.8m CF Arch cru Investment Portfolio has fallen 40.68% since suspe...

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