Regal Partners' (ASX:RPL) funds under management rose 4.6% to around AU$18 billion as of Dec. 31, 2024, from AU$17.2 billion as of Sept. 30, 2024, according to a Tuesday filing with the Australian bourse.
The company received roughly AU$700 million of net inflows, taking total net inflows and commitments for the December 2024 quarter to around AU$900 million and for the full year 2024 to around AU$2.1 billion - both at record levels.
The specialist alternatives investment manager expects to recognize around AU$25 million in normalized performance fee revenue before tax for the six months to December 2024. Full-year performance fees are projected to reach roughly AU$85 million.
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