Regal Partners to Initiate Leadership Succession Plan

Co-founder Phil King is set to retire from the ASX-listed investment firm in June 2027.

Updated on Oct. 22, 2026 in People

Isometric editorial illustration of a modern steel staircase, representing the structural leadership transition at an investment firm. — Regal Partners has initiated a leadership succession plan, with co-founder Phil King set to retire as chief investment officer in June 2027. AI Illustration. Upload story photo >

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Regal Partners has announced a leadership transition ahead of the retirement of co-founder Phil King. The chief investment officer is scheduled to exit the firm in June 2027.

Why it matters

The transition marks a significant shift for the firm as it moves to dissolve the chief investment officer position upon King's departure. This change ensures a formal handover process for the $23 billion in assets currently managed by the group.

Regal Partners currently oversees $23 billion in assets under management. Phil King will officially conclude his tenure with the firm in eight months.

The players

Regal Partners

Regal Partners is an ASX-listed investment firm based in Australia that manages a portfolio of $23 billion in assets.

Phil King

Phil King is the co-founder and current chief investment officer of Regal Partners who is set to retire in June 2027.

The details

Regal Partners has appointed new co-heads for its long/short strategies and established a fresh investment committee to oversee operations. These structural adjustments were implemented to stabilise leadership before the planned dissolution of the chief investment officer role.

The new investment committee and co-heads were appointed in October 2026.
Phil King will conclude his tenure and the firm will dissolve the chief investment officer role in June 2027.

Market Landscape

The firm's transition aligns with the ASX Corporate Governance Council's principles for executive succession. This move follows standard industry practices for ASX-listed entities managing multi-billion dollar portfolios.

Investors and clients can expect a structured handover process as the firm modifies its internal committee and management roles. No immediate changes to fee structures or product availability have been announced as part of this succession planning.

The takeaway

Proactive succession planning helps institutional firms maintain stability during major leadership departures. Shareholders should monitor the upcoming committee changes for further updates on the firm's strategic direction.