Key Takeaways
- • Regal Partners, a $23 billion money manager, has named new lead managers across eight of its funds as co-founder Phil King prepares to exit.
- • King leaves the firm in June 2027, according to an investor email sent by Regal on a Wednesday.
- • Mark Nathan, Zachary Corones and Jovita Khilnani will take responsibility for several key funds.
- • Regal chose a new investment committee rather than appointing a successor chief investment officer to replace King.
Summary
Regal Partners is restructuring its leadership ahead of the departure of co-founder and market veteran Phil King, according to the Australian Financial Review. The $23 billion money manager has revealed its new lead managers across eight of its funds.
In an email sent to investors on a Wednesday, Regal said Mark Nathan, Zachary Corones and Jovita Khilnani would take responsibility for several key funds. The firm also announced a new investment committee in place of appointing a new chief investment officer to replace King, who leaves in June 2027.
The structure signals a shift from a single-figure succession to a collective decision-making model across the firm's investment platform. The source article does not provide further detail on fund names, asset allocations or performance figures associated with the changes.
In an email sent to investors on a Wednesday, Regal said Mark Nathan, Zachary Corones and Jovita Khilnani would take responsibility for several key funds. The firm also announced a new investment committee in place of appointing a new chief investment officer to replace King, who leaves in June 2027.
The structure signals a shift from a single-figure succession to a collective decision-making model across the firm's investment platform. The source article does not provide further detail on fund names, asset allocations or performance figures associated with the changes.
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