Regal Funds Management

What Regal Funds Management does

Regal Funds Management Pty Limited (ABN 30 107 576 821, AFSL 277737) is an Australian specialist alternatives investment manager founded in 2004 and headquartered in Sydney, with regional offices in Singapore and New York. The firm manages long/short equities, private markets/pre-IPO, credit and royalties, and multi-strategy funds for wholesale, sophisticated, institutional, and family-office clients across Australia, New Zealand, North America and Asia. It is a wholly-owned subsidiary of ASX-listed Regal Partners Limited (ASX:RPL), the broader group houses eight alternative investment businesses managing approximately A$21 billion. The platform comprises two ASX-listed vehicles — Regal Investment Fund (ASX:RF1, listed June 2019) and Regal Asian Investments (ASX:RG8, listed November 2019) — alongside wholesale unit trusts and Cayman vehicles, with proprietary risk, trading and research infrastructure covering over 95% of global exchanges and 200+ research providers. Revenue is generated through recurring management fees on funds under management and variable performance fees tied to benchmark outperformance or absolute returns; the firm has won the Australian Alternative Investment Manager of the Year title four times (2011, 2014, 2016, 2019) and additional 2024 awards from AFMA and APAC hedge fund performance categories. In June 2022 Regal completed a merger with VGI Partners, consolidating portfolio management and broadening the platform's capabilities and scale.

Name

Regal Funds Management

Legal name

Regal Funds Management Pty Limited

Website

https://regalfm.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Regal Funds Management is an Australian specialist alternatives investment manager founded in 2004, offering long/short equities, private markets, and credit and royalties strategies to wholesale, institutional and family-office clients across Australia, Asia, and North America, with AUM held within the ASX-listed Regal Partners (ASX:RPL) group.

Ownership category

akta.pro rank

Product category

Alternative Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Open-End Investment Funds (525910)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Hedge Funds — Commodity Discretionary (Directional) (FSAHAHAA)

akta.pro secondary industries

Evergreen / Open-Ended Multi-Manager Platforms (FSANAGAM), Specialty Finance & Litigation/Claims Credit (FSAHAGAL)

Keywords

• Alternative investment management
• Hedge fund management
• Long short equities
• Private credit investing
• Asset management services

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Fund Management Fees: Management fees charged on funds under management across long/short equities, private markets, credit and royalties strategies
2. Performance Fees: Performance fees (carried interest) on fund returns, typically tied to benchmark outperformance or positive absolute returns

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Regal Funds Management is a specialist alternatives investment manager that manages absolute-return funds across long/short equities, private markets/pre-IPO, credit, and royalties strategies. The firm offers a diversified platform of ASX-listed investment vehicles (RF1 and RG8) alongside wholesale unit trusts and Cayman vehicles, serving institutional investors, family offices, foundations, and wholesale/sophisticated investors in Australia and offshore.

Product overview

Regal Funds Management is a multi-award winning specialist alternatives investment manager offering a diversified platform of alternative investment strategies. The product portfolio consists of multiple ASX-listed investment vehicles (Regal Investment Fund ASX:RF1 and Regal Asian Investments ASX:RG8) providing retail/sophisticated investor access, alongside wholesale funds across Long/Short Equities (Australian Small Companies, Australian Long Short Equity, Resources Long Short, Resources High Conviction, Global Small Companies, Tasman Market Neutral, Atlantic Absolute Return), Private Markets/Pre-IPO (Emerging Companies Opportunities Fund), Multi-Strategy (Partners Multi-Strategy Income Fund), and Credit & Royalties (Private Credit Opportunities Fund, Resources Royalties Fund). These funds provide exposure across long/short equities, private markets, real & natural assets, and credit & royalties, structured for wholesale, sophisticated, and institutional investors.

Differentiator

Problem solved

Functional benefit

Brands

• Regal Investment Fund (ASX:RF1): ASX-listed investment vehicle providing exposure to alternative investment strategies with objective of attractive risk-adjusted returns over 5+ years.
• Regal Asian Investments (ASX:RG8)

Products and services

• Regal Investment Fund (ASX:RF1) ASX-listed investment vehicle providing retail and sophisticated investor access to a selection of Regal's alternative investment strategies, targeting attractive risk-adjusted returns over 5+ years with limited correlation to equity markets.
• Regal Asian Investments (ASX:RG8) ASX-listed investment vehicle providing investors with access to an actively-managed, concentrated portfolio comprising long investments and short positions in Asian listed securities.
• Regal Australian Small Companies Fund 150/50 long/short investment fund focused on listed equities in Australia, typically outside the ASX 100, aiming to outperform the S&P/ASX Small Ordinaries Accumulation Index.
• Regal Australian Long Short Equity Fund 130/30 style long/short fund utilizing Regal's fundamental investment process, aiming to outperform the S&P/ASX 300 Accumulation Index.
• Regal Resources Long Short Fund Long/short resources strategy seeking to generate strong risk-adjusted absolute returns over the medium to long term, focusing on the mining sector while mitigating exposure to cyclical selloffs.
• Regal Resources High Conviction Fund Fundamentally driven long/short resources strategy aiming to deliver strong absolute returns over a medium to long term investment horizon, focusing on commodities essential for decarbonisation.
• Regal Tactical Opportunities Fund Seeks to generate absolute returns by identifying pricing inefficiencies in global markets using systematic, discretionary and tactical investment strategies.
• Regal Atlantic Absolute Return Fund Pursues an aggressive investment approach with elevated risk, utilizing a long/short strategy with significant positive market exposure over the cycle.
• Regal Tasman Market Neutral Fund Invests in Australian and pan-Asian markets with a high-conviction, fundamental long-short approach maintaining low net market exposure (typically +/- 30%).
• Regal Global Small Companies Fund Long/short portfolio of listed global small and mid-cap companies with bias towards developed markets including US, Europe and Australia, typically with 150-250% gross exposure.
• Regal Emerging Companies Opportunities Fund Invests in listed and unlisted microcap companies, pre-IPO opportunities, IPOs and secondary capital raisings, focused on identifying the next generation of leading Australian companies.
• Regal Partners Multi-Strategy Income Fund Invests in a range of Regal's high performing alternative investment strategies across long/short equities, private credit, resources royalties, unlisted and pre-IPO investments.
• Regal Private Credit Opportunities Fund Targets returns of 8-12% p.a. through private credit investments, focusing on bilaterally originated loans to middle market companies and corporate borrowers owned by financial sponsors.
• Regal Resources Royalties Fund Provides exposure to natural and renewable resource royalties, commodity streams and royalty related structures, offering income uncorrelated to equity markets.

Quantifiable outcome

• 21.7% annualised return - Regal Australian Small Companies Fund
• +5 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Boardroom Pty LimitedoperationalOthersShare registry services provider for Australian Unit Trusts managed by Regal. Contact: 1300 737 760 (within Australia), +612 9290 9600 (outside Australia), [email protected]

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Antipodes Partners: Australian-based long/short global equities manager with a fundamental bottom-up approach. Direct competitor to Regal's Global Small Companies and Tasman Market Neutral strategies, serving similar institutional and wholesale clients.
• Tribeca Investment Partners: Asia-Pacific focused alternatives manager running long/short equity, credit, and natural resources strategies. Competes directly with Regal's Resources Long Short and Asian-focused funds for institutional capital.
• Platinum Asset Management: ASX-listed (ASX:PTM) global equities manager with long/short strategies. Comparable to Regal's global strategies in serving Australian wholesale and institutional investors seeking absolute returns.
• Ellerston Capital: Australian alternatives manager with long/short equity and private market strategies. Directly comparable to Regal in scale, strategies, and Australian institutional client base.
• Avenir Capital: Australian long/short small-mid cap equities manager. Directly comparable to Regal Australian Small Companies Fund in mandate, target market, and investment style.

Broad incumbents

• Magellan Financial Group: ASX-listed Australian asset manager (ASX:MFG) with global equities and infrastructure strategies. Broader incumbent with similar Australian institutional client base, but focuses on long-only rather than alternatives.
• Pinnacle Investment Management: ASX-listed (ASX:PNI) multi-affiliate platform housing boutique investment managers. Analogous to Regal Partners' eight-boutique structure but operating across a wider range of asset classes including traditional long-only.
• Man Group: Global multi-strategy alternatives manager with systematic and discretionary capabilities. Broader incumbent with comparable multi-strategy and CTA exposure, including Asia-Pacific presence.
• Winton Group: Global systematic/managed futures alternatives manager. Comparable to Regal's Tactical Opportunities Fund in systematic trading focus, though much larger in scale.

Regional players

• Vinva Investment Management: Australian active equities manager owned by First Sentier Investors. Comparable to Regal in Australian equities expertise and institutional client base, though focused on long-only mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/regal-funds-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments78 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Regal Funds Management