PAC Capital owner was referred to ASIC by previous employer

The owner of an asset manager specialising in professional computer games that claims to have up to $500 million in assets was referred to the Australian Securities and Investments Commission by a previous employer.

PAC Capital founder and chief executive Clayton Larcombe was registered as a financial adviser at a Sydney-based advisory firm for wealthy families called Koda Capital from January 23, 2017, until June 1, 2018.