Australian hedge fund VGI Partners is considering a merger or sale of its business with several rival firms including Regal Funds Management, according to a report in the Sydney Morning Herald.
Australian hedge fund VGI Partners is considering a merger or sale of its business with several rival firms including Regal Funds Management, according to a report in the Sydney Morning Herald.
VGI, which runs two listed funds – VGI Partners Global Investments and VGI Partners Global Investments – and also has an unlisted hedge fund operation, has seen has seen its shares slump 40 per cent in the past 12 months amid performance concerns.
