VGI Partners advised on merger with Regal Funds Management
Allens has advised on a merger between ASX-listed global equity manager VGI Partners (VGI) and specialist alternatives investment firm Regal Funds Management (Regal).
Firm: Allens and Linklaters (VGI Partners)
Value: n/a
Area: Corporate
Key Players: The Allens team was led by partner Tom Story, with assistance from Patrick McGregor (senior overseas practitioner), Katherine Tsatsaklas (associate), Lucinda Campbell (lawyer) and Angela Lambros (lawyer).
Deal significance: The merger with Regal creates a market-leading provider of alternative strategies, with $5.6 billion in customer assets and a team of 100 in Australia and offices in New York, Singapore and Tokyo.
The team expects to see continued transactions involving the consolidation of funds management business in the future, as investors seek scale and diversification in the sector.
Allens said: “It has been a pleasure working with the VGI and Regal teams. We congratulate them on successfully implementing the complex merger on a compressed timetable.”