Regal Partners Limited · ASX:RPL
Regal Partners — ASX CEO Connect (March 2024)
16 slides from Regal Partners's conference presentation, Mar 5, 2024
Slide 1: ASX CEO Connect Presentation announcement
Regal Partners Limited ABN 33 129 188 450 Level 47 Gateway, 1 Macquarie Place Sydney NSW 2000 Australia T. +61 2 8197 4350 www.regalpartners.com 5 March 2024 ASX Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 ASX CEO Connect Presentation For personal use onl
Slide 2: ASX CEO Connect
For personal use only Regal Partners Limited (ASX:RPL) ASX CEO Connect Brendan O’Connor – CEO and Managing Director 5 March 2024
Slide 3: Disclaimer
Disclaimer For personal use only The information in this presentation (Information) has been prepared by Regal Partners Limited (ABN 33 129 188 450) (Regal Partners) and is current as at the date of this presentation. All currency data in this presentation is in Australian dollars (A$) unless stated
Slide 4: Regal Partners at a glance
Regal Partners Limited (ASX:RPL) Regal Partners Limited is an ASX-listed, specialist For personal use only alternative investment manager with $11.0 billion1 in funds under management. $11.0bn $672m >70 Funds Under Market capitalisation2 Investment professionals3 Management (FUM) 1 • Combining deep
Slide 5: Accelerating FUM growth across a diverse range of strategies and client channels
Accelerating FUM growth across a diverse range of strategies and client channels For personal use only 5% +2.3x 1.5 years 29% 11% 2% $11.0bn 8% +30k investors 54% +4.3x 37 institutions $4.7bn 10% 5 years 14% +20k investors 3 institutions 7% RFM 65% $1.1bn 5% 90% June 2017 June 2022 (post-merger) Dec
Slide 6: 2023 was a year of accelerating growth & diversification
2023 was a year of accelerating growth & diversification Funds Under Management up +113% to $11.0bn1 For personal use only Revenue up 17% to $112m 2; strong rebound in performance fees in 2H Momentum in net inflows, despite challenging capital raising environment Accelerating diversification
Slide 7: Improved fund performance
Improved fund performance Proportion of performance fee-eligible FUM close to, or above, high-water mark (HWM) has increased during 2023 For personal use only FUM at or above HWM includes: 100% • Regal Resources Long/Short 12% 19% 29% 54% • Regal Tactical Opportunities 90% • Regal Private Credit 25%
Slide 8: Momentum in net flows maintained despite challenging capital raise environment
Momentum in net flows maintained despite challenging capital raise environment 14mths to Feb 2024 +$0.9bn1 For personal use only POSITIVE NET FLOWS OF +$0.5BN IN 2023 WITH STRONG START TO 2024 • Flows diversified across a range of strategies and asset classes, in both new and existing Funds. 1 • Add
Slide 9: FUM diversity increasing as the business grows
FUM diversity increasing as the business grows; revenue synergies expected over time FUM BY ASSET CLASS FUM BY LIQUIDITY FUM BY CLIENT CHANNEL1 For personal use only Credit and Royalties driving further Diversification of fund liquidity profile provides Highly diversified by channel, with >30,000 di
Slide 10: Strong performance across suite of listed investment vehicles
Strong performance across suite of listed investment vehicles $2.4bn1 in listed investment vehicles across the group For personal use only RF1 VG1 RG8 PGF Multi-Strategy Alternatives Global L/S High Conviction Asian L/S High Conviction Global L/S Equities The Best of Regal Partners Group The Best of
Slide 11: Integration of PM Capital and Taurus progressing well
Integration of PM Capital and Taurus progressing well PM Capital Limited Taurus Funds Management 20 December 2023 4 November 2023 For personal use only • Multi-award-winning specialist long/short equities and fixed income • Specialist provider of financing solutions to global mid-tier and junior man
Slide 12: Robust technology and operating platform underpins growth and scale
Robust technology and operating platform underpins growth and scale PROPRIETARY TECHNOLOGY & OPERATIONAL EXTENSIVE MARKET CONNECTIVITY INTEGRATED CONTROLS, For personal use only INFRASTRUCTURE & RELATIONSHIPS RISK & COMPLIANCE FRAMEWORK Regal’s proprietary operational, risk and trading Regal’s accel
Slide 13: Client-centric approach to sales and product development
Client-centric approach to sales and product development For personal use only MULTI-CHANNEL MULTI-ASSET CAPABILITY Sales and IR team servicing clients across institutional, family 6 1 Single strategy & multi-strategy capability, supporting single PM or multi-PM office, advisory and direct managemen
Slide 14: Growth-focused strategy of RPL remains unchanged
Growth-focused strategy of RPL remains unchanged With multiple opportunities for expansion For personal use only 1 Diversified, scalable and growing platform 2 Attractive market tailwinds 3 Strong business economics 4 Multiple opportunities for growth 13
Slide 15: Questions
For personal use only Questions Brendan O’Connor (CEO and Managing Director)
Slide 16: For personal use only
For personal use only 15