Ingenious ready to return £60m - Business - Evening Standard
       

Ingenious ready to return £60m

Ingenious Media Active Capital, the listed investment vehicle of Patrick McKenna, the banker who backed the hit movies Avatar and Night at the Museum, today admitted it was looking at returning its remaining cash to shareholders.

IMAC, whose schemes attracted celebrities including Liverpool footballer Steven Gerrard, has around £60 million in cash and is expected to halt new investments.

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