Search Results | Showing 1 - 10 of 14 results for "Falcon Capital" |
| | | ... First Guardian Master Fund will only recoup $2.9 million out of a $38.3 million loan made by responsible entity Falcon Capital, according to liquidators who said the amount represents a realistic commercial value compared to alternative options. FTI ... |
| | | | ... performance, liquidity and stress tests, or independently enquire into information provided by responsible entity Falcon Capital. Praemium's and OneVue's exposure to the First Guardian fund via Diversa came to about $286 million. Diversa Trustees ... |
| | | | ASIC was pulled up by the Senate Economics Committee over the time it has taken to act against Falcon Capital, the responsible entity for the collapsed First Guardian Master Fund. ASIC chair Sarah Court, attending the first parliamentary committee after ... |
| | | | ... Ms Kee's loss on the presumption that she has lost all monies invested into the fund. In circumstances where Falcon Capital is in liquidation and the liquidator has advised that it has already recovered some of the assets with the majority still ... |
| | | | ... went into liquidation." By February 2024, Kee began receiving emails from ASIC. By May 2024, responsible entity Falcon Capital suspended redemptions and applications in First Guardian, telling investors that it needed "to allow for a restructure of the ... |
| | | | ... conduct." "The relevant conduct only came to light long after applications for and withdrawals had been frozen by Falcon Capital, the responsible entity of First Guardian," Diversa said. "Diversa has been actively monitoring First Guardian since it suspended ... |
| | | | ... performance, liquidity and stress tests, or independently enquire into information provided by responsible entity Falcon Capital. Furthermore, ASIC said Diversa did not exercise the same degree of care, skill and diligence as a prudent superannuation ... |
| | | | ... the fraud occurring. The $101 million reflects total member investments less redemptions as at 28 May 2024 when Falcon Capital, the responsible entity of First Guardian, suspended redemptions in the fund. At that time it claimed the investments were ... |
| | | | ... Trustees, Netwealth, and Diversa. First Guardian was run by David Anderson and Simon Selimaj, who were directors of Falcon Capital, the responsible entity for the fund. Keystone Asset Management was Shield's responsible entity with Paul Chiodo as ... |
| | | | The Federal Court has granted a travel restriction order against Falcon Capital Limited directors David Anderson and Simon Selimaj, as the responsible entity of the First Guardian Master Fund, following an application from ASIC. The orders prohibit ... |
|