Regal Partners (ASX:RPL) announced its financial results for the year ended Dec. 31, 2025, highlighting growth across its key performance metrics.
The specialist alternative investment manager reported that its funds under management rose to $20.9 billion, representing a 16% increase over the year.
The growth was underpinned by $1.5 billion in net FUM inflows and approximately $3.2 billion in positive investment performance.
The company's profitability saw a substantial uplift, with statutory net profit after tax reaching $130.5 million, a 97% increase on the prior corresponding period.
Normalised NPAT also grew by 65% to $160.5 million.
The figures were supported by $175.7 million in performance fees, driven by what the company described as strong performance across its diversified range of investment strategies.
Additionally, the FUM at or within 5% of its high-water mark reached $15.0 billion by late January, an increase from $8.7 billion a year earlier.
Regal Partners declared a fully franked dividend of 15 cents per share for the second half of 2025, citing organic cash generation and surplus capital.
The firm maintains a robust balance sheet with approximately $250 million in capital and an undrawn $130 million debt facility.
Looking ahead, the company noted a positive start to 2026, with FUM increasing to $21.2 billion in January.
Management also recently announced an on-market share buy-back program of up to $75 million.
At the time of reporting, Regal Partners' share price was $3.25.