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Kerr claims win in Torchlight case
Thursday 27th of September 2018
Aurora Funds Management, Crown Asset Management and ACC had petitioned to have the Torchlight entity would up because they had lost faith in Pyne Gould (PGC)’s George Kerr as manager of the $250 million fund.
They alleged related-party transactions involving Kerr's interests were damaging to the fund and that there was a lac of audited accounts for the 2013 year.
They reached a de...
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