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Clayton Larcombe’s fast and furious world is unravelling quickly

The fund manager turned venture capitalist lived the high life until he was charged with domestic violence offences. Now liquidators are coming for his firm.

Clayton Larcombe ran PAC Capital until administrators were appointed to liquidate the money manager last week. Harry Afentoglou

In the tight circles of Sydney’s finance community, there are few degrees of separation between those who have worked in the often flashy industry for an extended time. Names are cross-checked over lunches, careers traced back through deals, desks, downturns and schools.

When fund manager turned venture capitalist Clayton Larcombe’s name surfaces, it tends to land with a pause.

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Joanne Tran
Investment banking reporterJoanne Tran is The Australian Financial Review’s investment banking reporter. She covers the people, trends, companies, and transactions moving Australian investment banking and capital markets in the Sydney newsroom. Prior to that, she was a markets reporter writing about hedge funds and the asset management industry. Email Joanne at jo.tran@afr.com
Joyce Moullakis
Associate editorJoyce Moullakis is an associate editor writing across company news, policy issues, investment banking, private equity and financial services. Connect with Joyce on Twitter. Email Joyce at joyce.moullakis@nine.com.au

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