KWM is proud to have assisted Regal Partners Limited ~$110M equity capital raising, enabling the funds manager to build surplus capital and providing balance sheet capacity to accelerate multiple growth initiatives.
The equity capital raising consists of a one-for-five accelerated non-renounceable entitlement offer of new shares at $2.60 per share.
A KWM team was led by corporate M&A partner Tim Bednall, supported by Caroline Tait, Stacey Stellatos, Gemma McMahon, Jaspreet Nagra, John Grant and Matthew Del Gigante, working with a highly compressed timetable ahead of the launch on 5 September.
Commenting on the transaction, Tim Bednall said:
“Congratulations to Regal on launching this significant capital raising and unlocking an exciting new phase.
“KWM was proud to advise Regal Funds Management on the successful merger with VGI Partners in June this year, and we’re delighted to now deepen our relationship assisting on this milestone transaction”
The raising is expected to be completed in early October.
