Regal Partners Reports $17.7bn FUM and 6c Dividend in Strong 1H25

Strong Growth in Funds Under Management

Regal Partners Limited has delivered an impressive set of results for the first half of 2025, with funds under management (FUM) climbing to $17.7 billion as of June 30. This growth was driven by net inflows of $700 million during the period, contributing to a record $1.9 billion in net inflows over the past 12 months; a 120% increase compared to the previous year.

Profitability and Dividend Highlights

The company reported a statutory net profit after tax (NPAT) of $26.3 million, while normalised NPAT; which adjusts for non-cash and one-off items; stood at a robust $44.8 million. This strong profitability enabled Regal Partners to declare a fully franked dividend of 6 cents per share, reflecting both organic cash generation and surplus capital. The firm’s balance sheet remains solid, with approximately $220.9 million in net cash, receivables, and investments even after accounting for the upcoming dividend payment.

Strategic Expansion and Positive Momentum

During the half, Regal Partners announced a strategic partnership with Ark Capital, enhancing its footprint in the real estate investment sector. This collaboration was marked by the acquisition of the Mayfair Hotel at a significant discount to prior valuations, a move expected to generate attractive, risk-adjusted returns for clients. The momentum continued into the second half of 2025, with FUM rising a further 5% to $18.5 billion by the end of July, supported by net inflows exceeding $300 million and positive investment performance adding $500 million.

Performance Fees and Future Outlook

Performance fees contributed $42.4 million to the half-year results, reflecting strong returns across a diversified range of strategies including hedge funds, credit, and multi-strategy capabilities. Notably, the proportion of performance fee-eligible FUM at or near high-water marks increased from 66% to 74% between June and July, signaling sustained potential for future performance fees. CEO Brendan O’Connor expressed confidence in continued growth, emphasizing the company’s commitment to delivering strong client outcomes and creating long-term shareholder value.

Investor Engagement

Regal Partners has invited investors and analysts to a briefing featuring CEO Brendan O’Connor and CFO Ian Cameron, providing an opportunity to delve deeper into the results and strategic initiatives. The session is accessible via webcast and teleconference, underscoring the company’s transparency and engagement with the investment community.