Regal Partners Limited · ASX:RPL
Regal Partners — Shareholder Meeting (May 2025)
19 slides from Regal Partners's shareholder meeting presentation, May 29, 2025
Slide 1: 2025 AGM Chairman and CEO Addresses and Presentation Slides
Regal Partners Limited ABN 33 129 188 450 Level 46 Gateway, 1 Macquarie Place Sydney NSW 2000 Australia T. +61 2 8197 4350 www.regalpartners.com 29 May 2025 ASX Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 2025 Annual General Meeting Chairman and CEO Addre
Slide 2: Chairman's Address and CEO's Address
Chairman’s Address On behalf of the Board of Regal Partners (or RPL), I would like to warmly welcome all shareholders today and we very much thank you for your support. As most of you would know, 2024 was another strong year of growth for the group. As shown on this slide, average Funds Under Manage
Slide 3: PM Capital business reflection
I would also like to take a moment to reflect on the PM Capital business, which Regal acquired in December 2023, and which contributed its first full year of earnings to our business in 2024. This transaction has been highly accretive for Regal and provides an excellent example of what is possible u
Slide 4: Regal Partners Private Fund and multi-strategy income fund
It also led to our creation of the unlisted Regal Partners Private Fund in December 2023. Since then, the Partners Fund has delivered a solid 10.6% annualised return. The fund has also reached almost $0.5 billion in size after only 17 months, which demonstrates the demand for this type of product an
Slide 5: Share Register Evolution
SHARE REGISTER EVOLUTION Another development that I wanted to highlight is the material progress we have made in evolving the share register in recent years. When Regal Partners was formed in June 2022, we estimate its free float was only around 9%. This reflected the fact most of the shares were ei
Slide 6: Regal Partners Limited (ASX:RPL) 2025 Annual General Meeting
Regal Partners Limited (ASX:RPL) 2025 Annual General Meeting 29 May 2025
Slide 7: Chairman's Address
Chairman’s Address Michael Cole AM
Slide 8: Key RPL metrics grew strongly in 2024
Key RPL metrics grew strongly in 2024 AVERAGE FUM1 NET FUM INFLOWS NORMALISED REVENUE2 $15bn 14.4 $2.0bn 1.9 $300m 281.1 +141% $250m +151% $1.5bn $10bn +310% $200m 6.0 $1.0bn $150m 111.9 $5bn 0.5 $100m $0.5bn $50m - - - 2023 2024 2023 2024 2023 2024 NORMALISED NPAT3 NORMALISED DILUTED EPS4 DIVIDENDS
Slide 9: CEO's Presentation
CEO’s Presentation Brendan O’Connor
Slide 10: Regal Partners Limited overview
Regal Partners Limited overview Regal Partners Limited is an ASX-listed, specialist alternative investment manager with $16.5 billion1 in funds under management. $16.5bn $722m >80 FUM 1 Market capitalisation2 Investment professionals3 • The Group manages a broad range of investment strategies coveri
Slide 11: PM Capital case study - acquired Dec 2023
PM Capital case study - acquired Dec 2023 - strong performance & capital raising momentum PM Capital FUM since acquisition by RPL in Dec 2023 ($m) PM Capital cumulative net FUM flows, pre and post acquisition by RPL ($m)3 $5bn $750m RPL acquisition 0.7 4.1 $4bn (0.2) $650m 0.6 1Q25 net flows 2.8 $3b
Slide 12: Material FUM growth and diversification since June 2022
Material FUM growth and diversification since June 2022 JUNE 2022 FUM1 MARCH 2025 FUM1 Multi-Strategy Long/Short - Royalties Phil King Multi-Strategy Royalties Power, Carbon, Other Real & Natural Long/Short - Phil King Water Credit Long/Short Credit & Equities Royalties $4.7bn $16.5bn Long/Short - P
Slide 13: RPL is a significant provider of capital to Australian companies
RPL is a significant provider of capital to Australian companies Expansion Capital Agriculture Real Estate Equity Power and Energy Infrastructure Equity Pre-IPO Capital Listed Australian Microcap Equities Listed Australian Small-Cap Companies Better deal Listed Australian Large-Cap Companies origina
Slide 14: RPL is a leading provider of multi-strategy investment solutions
RPL is a leading provider of multi-strategy investment solutions in Australia REGAL PARTNERS PRIVATE FUND: STRATEGY PORTFOLIO CONSTRUCTION • The Regal Partners Private Fund provides a singular access point to Regal’s best- REGAL PARTNERS PRIVATE FUND performing alternative investment strategies, cov
Slide 15: Normalised profit or loss statement
Normalised profit or loss statement Year to Year to 2024 vs $m Dec 2023 Dec 2024 2023 FUM (including non-fee-earning) ($bn)1 11.0 18.0 +64% Average FUM (including non-fee-earning) ($bn)1 6.0 14.4 +141% Revenue (net income) Average FUM in 2024 $281.1m $14.4bn Average management fee (%) 1.09% 1.13% +4
Slide 16: Material progress on free float and register composition
Material progress on free float and register composition since June 2022; should assist with index inclusion over time RPL REGISTER: 30 JUNE 20221 RPL REGISTER: 27 MAY 20251 Free float 9% Non-free float Free float 38% 62% Non-free float 91% Direct shareholders: 3,690 Direct shareholders: 5,370 Broke
Slide 17: Growth-focused strategy of RPL remains unchanged
Growth-focused strategy of RPL remains unchanged With multiple opportunities for expansion Multiple opportunities for growth 1 Diversified, scalable and growing platform Maintain current fundraising momentum Seed new strategies / partnerships 2 Attractive market tailwinds Continue investment in dist
Slide 18: Disclaimer
Disclaimer The information in this presentation (Information) has been prepared by Regal Partners Limited (ABN 33 129 188 450) (Regal Partners) and is current as at the date of this presentation. All currency data in this presentation is in Australian dollars (A$) unless stated otherwise. No solicit
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