This Month
- Exclusive
- Managed funds
PAC Capital owner Clayton Larcombe may have bailed out investors
The former stockbroker may have used personal assets to improve the performance of his esports funds, an unusual but not illegal practice.
- Aaron Patrick
November
- Exclusive
- Rich List
Melbourne football club probed over deal with crypto casino mogul
Melbourne Victory has been accused of backtracking on a commitment not to accept gambling sponsorship after signing up Ed Craven’s live-streaming site, Kick.
- Primrose Riordan and Zoe Samios
October
PAC Capital forced to liquidate ‘esports’ gaming fund
The decision is a blow to fund owner Clayton Larcombe, who has promoted online gaming as a promising investment opportunity.
- Aaron Patrick
August
One-fifth of frozen PAC Capital assets could be illiquid: sources
The corporate regulator is under pressure from a Liberal senator to launch an investigation into the Sydney fund manager, which suffered a run on four funds.
- Aaron Patrick
- Exclusive
- Specialist investments
A country accounting firm gets caught in a Sydney money mystery
For almost forty years DMG Partners has quietly advised the residents of Sale, Gippsland. Now the firm finds itself involved with the racy PAC Capital.
- Aaron Patrick
PAC Capital ‘refused’ to give trading data to ratings firm
SQM Research withdrew ratings from two of the firm’s funds, and downgraded two others, after it said it was denied information that could verify returns.
- Aaron Patrick
French sporting goods giant Decathlon doubles local losses
The company sells most of its products through Super Retail Group’s Rebel Sports stores and BCF, from camping to cycling and water sports gear.
- Carrie LaFrenz
Fund manager removes claim of non-existent degree
PAC Capital owner Clayton Larcombe claimed to have a bachelors in applied economics from Sydney University, which said it didn’t offer such a degree.
- Aaron Patrick
July
- Opinion
- Investing
The curious case of Clayton Larcombe, Sydney’s new money man
Did a small-time financial adviser-turned-high-profile fund manager sell personal assets to his funds?
- Aaron Patrick
- Exclusive
- Investing
PAC Capital owner was referred to ASIC by previous employer
Clayton Larcombe, who calls himself “one of Australia’s most influential esports businessmen”, was the subject of a complaint to the corporate regulator.
- Aaron Patrick
- Exclusive
- Investing
Sydney’s newest celebrity investor arrived fast
Clayton Larcombe emerged from obscurity to become a prominent Sydney fund manager with $40 million in property. How did he do it?
- Aaron Patrick
November 2022
Esports fund returns 14pc in a year when tech stocks get hammered
‘You need to be long and short and really active,’ says Clayton Larcombe, whose eyes were opened to esports’ rivers of gold in 2017.
- Jessica Sier
October 2022
- Exclusive
- Hedge funds
Australia’s only esports hedge fund now has $500m under management
Esports hedge fund PAC Capital has acquired Clearwater Portfolio Management in a deal that balloons the gaming and tech investor’s funds under management to $500m.
- Jessica Sier
September 2022
- Exclusive
- Funding
Cricket star turns tech entrepreneur with ambitious metaverse plan
One of cricket’s all-time greats is teaming up with Aussie investors and entrepreneurs to take sports into the metaverse.
- Paul Smith
March 2022
Aussie sports see NFTs as a new source of revenue
Marvel Stadium will host a Blockchain Australia event next Wednesday where the AFL, Cricket Australia, the NBL and Tennis Australia will discuss NFT strategies.
- James Eyers and Jessica Sier
October 2021
- Exclusive
- Education
Melbourne school trains future e-sports stars
Wyndham Tech School has launched Australia’s first high school class dedicated to e-sports, setting students up for careers in the booming gaming sector.
- Natasha Gillezeau
June 2021
David Baxby to chair Dynasty Esports as it targets ASX boards
Former Virgin Group co-CEO and Wesfarmers executive David Baxby is taking charge of Singaporean Dynasty Esports’ plans to list on the Australian Securities Exchange.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
March 2021
How ETFs became the tool of choice for young investors
Exchange-traded funds have become a global investment phenomenon. Their main selling points? Low fees and the underperformance of active fund managers.
- Tony Featherstone
January 2021
How to play e-sports without getting burnt
Nobody doubts the long-term growth potential but there are challenges gaining exposure. While there is a handful of promising Australian stocks, a global focus is needed.
- Tony Featherstone
November 2020
- Opinion
- Video games
Government risks missing out on $159b video games opportunity
The global video games industry is booming during COVID-19, but the Australian government is one of very few nations failing to support growth of its local sector.
- Ross Symons
