RPLs June 2023 funds increased, revenue update, and credit facility

Regal Partners Limited (ASX: RPL) saw an increase in funds under management during the June 2023 quarter, rising from AU$5.5 billion to AU$5.8 billion. Net inflows amounted to AU$0.2 billion, exceeding the Company's AU$1 billion target for total net inflows by June 2023, reaching AU$1.1 billion.

Positive flows into Capital Solutions and Real & Natural Assets, including investments in the Regal Private Credit Opportunities Fund and the Attunga Capital Power & Enviro strategy, primarily drove the net inflows for the June quarter. RPL is set to release its 1H23 results on August 24th, expecting to recognize approximately AU$7 million in performance fee revenue for the period. RPL announces a new AU$50 million unsecured revolving corporate credit facility with HSBC, offering two years and 11 months of additional working capital flexibility and funding for potential growth opportunities.

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