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PAC Capital forced to liquidate ‘esports’ gaming fund

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The decision is a blow to fund owner Clayton Larcombe, who has promoted online gaming as a promising investment opportunity.

after adverse media coverage this year, will be forced to close a computer gaming and online gambling fund that held its signature investments.

The decision is a blow to PAC Capital’s 38-year-old owner, Clayton Larcombe, who had frequently spoken about the potential of online gaming and his plans to finance it.Forbes He has previously said the joint ownership ensured his interests were aligned with PAC Capital’s investors, many of whom are clients of an accounting firm in country Victoria called DMG Partners, which is part-owned by Count Ltd, a listed company.

 

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