Shaw and Partners is delighted to be appointed as Joint-Lead Manager to the capital raising announced by Regal Investment Fund (ASX.RF1).

The equity raising comprises a Placement and a 1 for 3 accelerated non-renounceable entitlement offer to raise approximately $212.3 million. New securities will be offered at $3.79 per security.

The offer price of $3.79 per unit represents a discount of 15.2% to the closing ASX price of RF1 of $4.47 on 5 October 2021.

Regal Investment Fund is an ASX-listed investment trust, providing exposure to a selection of alternative investment strategies managed by Regal. It was listed in June 2019 with an aim of producing attractive risk-adjusted absolute returns over a period of more than five years with limited correlation to equity markets. The fund is currently invested across a selection of alternative investment strategies managed by Regal, covering public equities and private market strategies.

“The Entitlement Offer provides an opportunity for our existing eligible unitholders to increase their exposure to RF1 at an attractive 15.2% discount to the 5 October 2021 closing ASX price. We’ve been delighted with the strong performance the Fund has generated since inception in June 2019 of +116%2 and thank investors for their continued support.” Brendan O’Connor CEO Regal Funds Management

The offer is available to Australian Sophisticated and Professional Investor clients only.

For more information please contact your Shaw and Partners Adviser.