PAC Capital owner lasted three months at JP Morgan Manila
Sydney fund manager Clayton Larcombe worked for US investment bank JP Morgan for three months, in the Philippines, not the two years claimed on his now-defunct LinkedIn profile.
An industry source confirmed Mr Larcombe’s employment, although his role or reason for leaving the bank could not be established.
Bonifacio Global City in Manila, where JP Morgan has its offices. VRX Studios
Mr Larcombe, the owner of PAC Capital, a computer gaming-focused asset manager, did not respond to a question about the claim on his former LinkedIn page, which stated he was an “equity sales trader” in Hong Kong in 2011 and 2012 for JP Morgan.
Nor did JP Morgan’s head of marketing and communications for the Asia-Pacific region, Chris Cockerill.
Mr Larcombe’s LinkedIn page was deleted on Tuesday after The Australian Financial Review raised questions about possible inaccuracies on it and the PAC Capital website, including Mr Larcombe’s claim to have a degree from Sydney University that the university said it did not offer.
Mr Larcombe, 37, has used his record of employment at JP Morgan and rival Morgan Stanley to promote his five-year-old funds management business, which claims to manage $500 million.
PAC Capital owner Clayton Larcombe, right, in Sydney on July 26. Louise Kennerley
“Clayton has spent his working career in financial services, initially on the sell side as a trader for Morgan Stanley and J.P. Morgan in Hong Kong, and most recently move to the buy side in funds management,” the PAC Capital website said until Tuesday.
“Establishing itself as a global fund manager in several alternative strategies, Clayton and PAC bring a new era to funds management in Australia.”
Records held by the Securities and Futures Commission of Hong Kong
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