Regal is seeking to raise up to $500 million for the listed investment trust.
Regal was founded in March 2004 by brothers Phil and Andrew King. Phil King has built a reputation as one of Australia's shrewdest fund managers.
Regal plans to deploy the funds into four existing investment strategies. Half the funds raised will be allocated to Regal's Tasman Market Neutral strategy, which aims to have an equal exposure between investing in, or taking short positions, against stocks. The remainder will be deployed equally in the emerging companies strategy, the small companies strategy, a global stock-picking strategy and in the long-short strategy, which tends to have a greater weighting to long bets than the Tasman approach.
To learn more about the offer please visit Regal Funds Management's website.
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