On 23 October 2024, MCI Global Investments Advisors Limited entered into Creditors Voluntary Liquidation. Gareth Howarth of Path Business Recovery Limited was appointed as liquidator.
MCI Global Investment Advisors Limited (the firm) is a small Authorised Alternative Investment Fund Manager that provided alternative investment fund management services for funds. This includes Novus Black Fund UK Ltd (the Fund) which is an unauthorised firm.
The FCA recently wrote to Novus Black Fund investors about unreported losses.
The liquidator will shortly be writing to investors in the Fund to explain further what this means.
Below we set out:
what to do if you’re an investor concerned about investments in the Fund
how to contact the liquidator; and
how to protect yourself from fraudsters claiming to act on behalf of the firm, the liquidator or any other party such as the FCA.
If you believe you have a claim against the firm, please contact the liquidator using the details below.