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Federal Court judge orders winding up of Melbourne fund manager PE Capital

Among PE Capital’s projects was a 200-room Hyatt Place Hotel in Melbourne’s south-eastern suburbs, which never got off the ground.

Bell parkNew south walesSimon dayJustice cheesemanMartyn barnesSam osbourneNeil cribbCanterbury hillPe capital property development opportunities fundPe capital master fundPe capital asia wholesale opportunities fundPe capital asia wholesale diversified income fundPe capital monthly yield fundHyatt hotelMaster fundMonthly yield fund

Managed investment schemes operator ordered into liquidation

The Federal Court has ordered PE Capital Funds Management Ltd into liquidation after finding that the firm breached the law by operating managed

Justice cheesemanPe capital property development opportunities fundPe capital master fundPe capital monthly yield fundPe capital funds management ltdPe capital asia wholesale opportunities fundPe capital asia wholesale diversified income fundPe capital commercial property income fundPe capital asia diversified income fundFederal courtFunds management ltdFunds managementMonthly yield fundCommercial property income fundAsia diversified income fundAsia wholesale opportunities fund

PE Capital Funds Management ordered into liquidation

The Federal Court has ordered managed investment scheme operator, PE Capital Funds Management, into liquidation due to operating schemes without a licence.

Justice cheesemanPe capital property development opportunities fundPe capital master fundPe capital monthly yield fundAustralian financial servicePe capital asia wholesale opportunities fundInvestments commissionPe capital asia wholesale diversified income fundPe capital commercial property income fundPe capital asia diversified income fundFunds managementFederal courtAustralian securitiesMonthly yield fundCommercial property income fundAsia diversified income fund

PE Capital in liquidation

PE Capital Funds Management is now in liquidation after the Federal Court found that it operated managed investment schemes without an AFSL and engaged in misleading and deceptive conduct.

United arab emiratesSimon dayJustice cheesemanMartyn barnesGreg robertsJason huangSam osbornePe capital master fundPe capital monthly yield fundAsia wholesale opportunities fundProperty development opportunities fundProperty income fundAsia diversified income fundAsia wholesale diversified income fundFunds managementFederal court

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