Key Takeaways
- • Henry Hill, a portfolio manager at Regal Partners, is leaving the Australian hedge fund for Perpetual, according to the primary source.
- • The move comes as Perpetual is reportedly contending with Swedish buyout firm EQT Partners in pursuit of the same talent or deal, per the source's framing.
- • The source describes Regal Partners as the country's best-known hedge fund, underscoring the significance of the departure.
Summary
Regal Partners portfolio manager Henry Hill is leaving the Australian hedge fund for Perpetual, according to an Opalesque report. The source describes Regal as the country's best-known hedge fund, which makes the departure of a portfolio manager notable for the local alternative investment industry.
The report also states that Perpetual has Swedish buyout firm EQT Partners "on its tail," a phrase suggesting EQT is a competing suitor or is closely pursuing a similar opportunity. The primary source is brief and does not provide details on Hill's specific mandate, strategy, assets under management, or the terms of his move, and no additional figures are available in the material reviewed.
Institutional allocators and fund managers tracking Australian hedge fund talent may wish to monitor further reporting on Hill's role at Perpetual and any response from Regal Partners.
The report also states that Perpetual has Swedish buyout firm EQT Partners "on its tail," a phrase suggesting EQT is a competing suitor or is closely pursuing a similar opportunity. The primary source is brief and does not provide details on Hill's specific mandate, strategy, assets under management, or the terms of his move, and no additional figures are available in the material reviewed.
Institutional allocators and fund managers tracking Australian hedge fund talent may wish to monitor further reporting on Hill's role at Perpetual and any response from Regal Partners.
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