Six Chance Voight companies put into liquidation
Six Chance Voight companies have been placed into liquidation by the High Court after it found the Rangiora-based group was insolvent and operating an unsustainable business model.
The Financial Markets Authority (FMA), after an investigation, asked the High Court to appoint liquidators to Chance Voight’s parent company and five core subsidiaries.
The companies are Chance Voight Investment Corporation, Chance Voight Investment Partners, CVI Securities, CVI Partners Mortgage Income Fund, CVI Financial and CVI Partners Mortgage Fund.
The High Court heard the FMA’s application on June 29.
Chance Voight Group is a corporate group comprising 27 entities, whose founder, chief executive and current sole director is Bernard Whimp.
The group started operations in 2021, soliciting funds from the public via offers of investment in shares and debt securities, with the promise of returns generated by investments in real estate and ASX-listed shareholdings.
By December 2025, the group had raised $54.2 million of investor funds on this basis (excluding any amounts raised and subsequently redeemed), according to court documents.
Today the High Court issued a decision appointing liquidators and finding the group was insolvent and reliant on new investor funds to meet existing obligations and was unable to meet its debts as they fell due.
“Our primary goal in bringing the liquidation proceeding was to ensure the preservation of investor funds to the extent possible,” the FMA’s head of enforcement, Margot Gatland, said.
The court’s judgment confirmed the FMA’s concerns about the management of these companies, she added.
“The court found that the companies, with one exception, were insolvent, and that the evidence was overwhelming.
“The remaining company was a holding company that did not trade and was wound up on the basis of a justifiable lack of confidence in its management,” she said.
The FMA’s investigation into Chance Voight Investment Corporation Ltd, its subsidiaries and persons and entities associated with the Chance Voight Group is ongoing.
Jamie Gray is an Auckland-based journalist, covering the financial markets, the primary sector and energy. He joined the Herald in 2011.
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