On November 3, 2023, Regal Partners announced the acquisition of PM Capital.
Under the terms of the agreement, Regal Partners RPL.AX (“Regal”) will acquire PM Capital Ltd (“PM Capital”). Terms of the deal were not disclosed.
Regal, based in Australia, is a specialist alternatives investment manager providing investors with strategies covering long/short equities, private markets, real and natural assets, and capital solutions. As of September 2023, Regal had A$5.8 billion under management.
PM Capital, based in Australia, is a globally focused fund manager that manages money on behalf of private clients, the clients of financial advisers and institutions. As of September 2023, PM Capital had $2.7 billion under management.
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