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Showing 1 - 5 of 5 results for "First Mutual Private Equity"

Receivers appointed to First Mutual Private Equity

MATTHEW WAI | THURSDAY, 18 DEC 2025

The Federal Court has appointed receivers for the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton over allegations investor funds were gambled. Robert Woods and Salvatore Algeri of Deloitte SRT have been appointed ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS | MONDAY, 3 NOV 2025

Following a Federal Court hearing, freeze orders against Gregory Raymond Cotton and First Mutual Private Equity (FMPE) have been maintained. The orders were first imposed on August 15 after concerns were raised regarding funds raised from around 400 ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON | THURSDAY, 18 SEP 2025

... accounting for ASIC's other ongoing investigations, including the likes of Australian Fiduciaries and First Mutual Private Equity, he said: "I regret to inform the committee, it's even more than that... there are a range of funds that we're ...

Court extends freezing orders on First Mutual Private Equity

MATTHEW WAI | FRIDAY, 12 SEP 2025

The Federal Court extended orders freezing the bank accounts of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, saying it believes investors' funds were used for gambling purposes. The orders were first made on August ...

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI | FRIDAY, 22 AUG 2025

The Federal Court imposed urgent interim orders to freeze the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, with ASIC concerned more than $50 million of investor funds is at risk. ASIC is investigating FMPE ...

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Editor's Choice

BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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