Crown funds trapped in Kerr’s Torchlight Fund
Failed lender South Canterbury Finance still has up to $22 million invested in a private equity fund managed by Pyne Gould Corporation subsidiary Torchlight Investment Group.
The finance company in December 2009 invested $22 million of government guaranteed funds into Torchlight Fund No.1
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Duncan Bridgeman
Fri, 25 Nov 2011
Fri, 25 Nov 2011
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Crown funds trapped in Kerr’s Torchlight Fund
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