FMA Seeks High Court Orders to Liquidate Chance Voight Group Entities
Summary
The Financial Markets Authority (FMA) of New Zealand is seeking High Court orders to liquidate six entities within the Chance Voight Group. The FMA is also requesting the release of an interim liquidation report from PwC, which is currently under suppression.
What changed
The Financial Markets Authority (FMA) has confirmed its ongoing pursuit of High Court orders to place six specific entities within the Chance Voight Group into liquidation: Chance Voight Investment Corporation Limited, Chance Voight Investment Partners Limited, CVI Partners Mortgage Fund Limited, CVI Partners Mortgage Income Fund Limited, CVI Securities Limited, and CVI Financial Limited. These entities are currently under interim liquidation overseen by PricewaterhouseCoopers (PwC). The FMA has also requested the High Court to lift the suppression order on PwC's interim liquidation report, citing strong public interest for investors and the public, subject to necessary redactions.
The first court call for the liquidation application is scheduled for February 19, 2026, with the FMA intending to request a hearing date after April 20, 2026, to determine the liquidation application. The Court may also rule on the release of the PwC report during the February 19th call. Regulated entities and investors in these entities should monitor the court proceedings closely. While no specific compliance actions are mandated for external parties at this stage, the outcome will significantly impact the investors and creditors of the Chance Voight Group entities.
What to do next
- Monitor High Court proceedings regarding the liquidation application and the release of the PwC interim liquidation report.
- Review internal exposure and relationships with any of the named Chance Voight Group entities.
Source document (simplified)
Back 17 February 2026
FMA Update on Liquidation Proceedings for Chance Voight Group
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MR No. 2026 – 5
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – confirms that it continues to seek orders in the High Court to place the following entities into liquidation:
- Chance Voight Investment Corporation Limited
- Chance Voight Investment Partners Limited
- CVI Partners Mortgage Fund Limited
- CVI Partners Mortgage Income Fund Limited
- CVI Securities Limited
- CVI Financial Limited Pending the Court’s decision on the liquidation application, all of the above entities remain in interim liquidation under the control of PricewaterhouseCoopers (PwC).
The first call in the High Court for the liquidation application is scheduled for 19 February 2026. At the first call, the FMA intends to ask the Court to schedule a hearing at the earliest convenient date after 20 April 2026 to determine its application to place the companies in liquidation.
The FMA has also asked the High Court to release of PwC’s interim liquidation report, which is currently subject to a suppression order. The FMA considers there is strong public interest in the report being made available to investors and the wider public, subject to any redactions considered necessary by PwC (including for the purpose of protecting commercially sensitive material). The Court may also determine the application for release of the PwC report at the first call on 19 February 2026.
The Court will confirm a hearing date for the FMA’s liquidation application in due course.
Ends
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