Regal Partners to acquire PM Capital for AUD150m.

Regal Partners, a capital market company, agreed to acquire PM Capital, a Sydney-based funds manager of equities, for AUD150m. "The addition of PM Capital to the Regal Partners group will provide a further extension to Regal’s existing global equities and credit investment capabilities. Paul Moore and his highly experienced investment team are well-recognised as one of Australia’s leading long / short equity and fixed income managers, with a strong track record of successfully managing capital for investors for over 25 years. We are delighted that Paul and his team have chosen to partner with Regal and we look forward to meaningfully contributing to the growth of their business over the years ahead," Brendan O’Connor, Regal Partners CEO.