ISGschemes

Background Information

On 30 September 2024, Neil Robert Cussen, Anthony Phillip Wright and Katherine Elizabeth Barnet of Olvera Advisors Pty Ltd were appointed as Joint and Several Receivers, without security, of the whole of the property of ISG Private Access Fund ARSN 618 548 333 (PAF) and ISG Real Estate Equity Fund ARSN 618 548 780 (REEF) by Order of the Supreme Court of Queensland. PAF and REEF are registered Managed Investment Schemes which raised funds from retail investors to primarily invest in various property developments.

Pursuant to the Court Orders, the Receivers have all powers necessary for the purposes of winding up PAF and REEF, including but not limited to entering into possession, taking control of and disposing of the property of PAF and REEF.

Further Information

If you have any further queries, please contact our office by email using the following:
For ISG Private Access Fund: [email protected]
For ISG Real Estate Equity Fund:  [email protected]

Appointment Details

Appointment Type

Receivership

Appointment Date

September 30, 2024

Appointees

Neil Cussen, Tony Wright and Kate Barnet

Office

Level 10/55 Clarence St, Sydney NSW 2000

Companies Subject to Administration

ISG Private Access Fund ARSN 618 548 333
ISG Real Estate Equity Fund ARSN 618 548 780

Contact

Information for Creditors

Updates Type Date Updated Download

Report to Supreme Court of Queensland

Notice

Nov 11, 2024

Update to Investors – REEF and PAF

Notice

Oct 25, 2024

FAQs for Investors – REEF and PAF

FAQs

Oct 25, 2024

Circular to investors – REEF

Notice

Oct 09, 2024

Circular to investors – PAF

Notice

Oct 09, 2024

Court Orders

Notice

Sep 30, 2024

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Declaration

Investors, Creditors and Stakeholders Declaration

Access to information about the administration (or Deed Administration or Liquidation) of the Company contained on this website and any links (thereto) is limited to investors and creditors of (and any professional advisor’s of those creditors) of the company. By downloading or viewing any of this information, you are declaring the following:

“I declare that I am an investor or creditor (or a professional advisor of such a creditor) of the Company and I agree not to communicate any information contained on this website (and any links thereto) to any person other than another investor or creditor of the Company without the express written consent of Olvera Advisors or unless otherwise compelled by law. Further, I indemnify Olvera Advisors in respect of any liability to which they are exposed in the event that this declaration is false and as a consequence of that falsity.