# Phil King retirement from Regal Partners

> Live situation record from CLSTR: https://clstr.news/situations/phil-king-retirement-from-regal-partners
> Updated: 2026-08-27T05:52:47.000Z. Sources: 8. Developments: 2.

Phil King, co-founder and chief investment officer of Regal Partners, has announced his intention to retire from money management. King has been with the firm for two decades, during which time he grew the company to manage more than $21 billion in funds.

King stated that his decision was a planned process initiated during the firm’s 2022 ASX listing and was not motivated by health issues or internal conflicts. He intends to maintain an 8 per cent stake in the company’s head stock and will continue investing through a charitable foundation.

Following the announcement, Regal Partners shares experienced an initial decline of up to 9 per cent before stabilizing at approximately a 7 per cent loss. The firm is transitioning from a sole Chief Investment Officer model to a new structure. CEO Brendan O’Connor noted that while there is “no replacement for Phil King,” the firm is prepared for the transition with its existing team.

## Claims

- Phil King plans to retire from money management in June next year. (corroborated by 3 sources)
- Regal manages more than $21 billion in funds. (corroborated by 3 sources)
- Phil King founded Regal 20 years ago. (corroborated by 3 sources)
- Phil King maintains a bearish view on Commonwealth Bank shares. (corroborated by 3 sources)
- The Australian tax system discourages investors from selling shares to avoid capital gains tax. (corroborated by 3 sources)

## Timeline

### 2026-08-27: Phil King to retire from Regal, leaving $21 billion fund manager

Phil King, founder of Regal, will retire from money management in June 2027. His firm manages over $21 billion, and King has been a pivotal figure in the Australian financial markets for two decades.

3 sources. https://clstr.news/cluster/phil-king-to-retire-from-regal-leaving-21-billion-fund-manager

### 2026-08-24: Phil King announces retirement from Regal Partners

Phil King, co-founder and CIO of Regal Partners, is retiring after 40 years. The announcement led to a temporary decline in Regal Partners' shares on the ASX.

5 sources. https://clstr.news/cluster/phil-king-announces-retirement-from-regal-partners

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Cite as: Phil King retirement from Regal Partners. CLSTR, https://clstr.news/situations/phil-king-retirement-from-regal-partners