Brendan O’Connor from Regal Partners shares that the company has received $900 million in net inflows and commitments for the last quarter, marking a record for December and 2024. Regal Partners' funds under management increased by 4.6%, reaching $18 billion.
Brendan explains Regal's strategy focusing on alternative investment approaches, aiming for strong risk-adjusted returns. He mentions the diversity of their strategies, ranging from long/short equities to private markets. The performance fees for 2024 are estimated at $85 million.
Despite abandoning a bid for Platinum Asset Management, Regal is committed to growth, having expanded from $5 billion to $18 billion in recent years. Brendan envisions reaching $50 billion and highlights the potential of alternative strategies as a key opportunity.