• Funds under management (FUM) up 16% to $20.9bn
• Statutory Net Profit after Tax up 97% to $130.5m
• Normalised Net Profit after Tax up 65% to $160.5m

Regal Partners Limited (ASX:RPL), a specialist alternative investment manager, has reported its financial results for the year ended 31 December 2025. The company achieved strong growth, with funds under management (FUM) increasing by 16% to $20.9 billion, driven by net FUM inflows of $1.5 billion and positive investment performance of approximately $3.2 billion. The company's statutory Net Profit after Tax (NPAT) rose by 97% to $130.5 million, while normalised NPAT increased by 65% to $160.5 million. Performance fees of $175.7 million were a key contributor to the strong financial performance, with performance fee-eligible FUM at or within 5% of high-water mark rising from $14.8 billion (87% of all performance fee-eligible FUM) at 31 December 2024 to $15.0 billion (87%) at 31 January 2026. The company's balance sheet remains strong, with approximately $250 million of capital at 31 December 2025 and an undrawn $130 million debt facility. The positive momentum has continued into 2026, with FUM rising a further 1.5% in January to $21.2 billion, supported by net inflows of $0.2 billion and positive investment performance of $0.4 billion. The company has also announced a fully franked dividend for the second half of 2025 of 15 cents per share and an on-market share buy-back program of up to $75 million.

Regal Partners reported funds under management of $21.2 billion as at 31 January 2026, up 1.5% from the end of 2025, supported by net inflows of $0.2 billion and positive investment performance of $0.4 billion.

Looking ahead, Regal Partners believes it is better positioned than ever to continue to grow, with its increasingly diversified investment capabilities, strong investment performance track records, operating platform, and highly aligned team providing a strong foundation to capitalise on attractive opportunities across asset classes. The company's focus remains on delivering strong long-term performance for clients while creating sustainable value for shareholders.