VGI Partners, a capital market company, completed the merger with Regal Fund Management, a specialist alternatives investment manager. Financial terms were not disclosed. "This is an exciting development for both VGI clients and our shareholders, combining two well-established businesses and leveraging the significant expertise, experience and resources of the larger group. Regal’s long track record in hedge fund, private market and real asset investments really complements VGI’s extensive capabilities in global long/short investing, with both businesses able to benefit from a centralised corporate platform, operational infrastructure and sales and marketing capability," Robert Luciano, VGI Founder and Chief Investment Officer.