The country’s best-known hedge fund manager, Regal Partners’ Phil King, will ride off into the sunset in eight months. And succession planning at the $23 billion, ASX-listed asset management empire that King co-founded more than two decades ago appears to be well under way.
Last week, the firm quietly anointed new co-heads for its long/short strategies and assembled a new investment committee – two key changes it needs before dissolving King’s chief investment officer role next June.
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