Capital Signal

Regal Investment Fund (ASX: RF1)

Market cap: A$627M (as of 2 Nov 2026)

Listed Investment Trust

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
17 Dec 2024SPP$9.1M$3.415.3% discountFiling ↗
5 Dec 2022Placement$79.8M$3.017.1% discountFiling ↗
27 Oct 2021Rights issue$114M$3.7915.2% discountFiling ↗
6 Oct 2021Rights issue$146.4M$3.7915.2% discountFiling ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
10 July 2026New Highland Pty Limited (NHL) as trustee for the Philip King Family Trust (PKFT), Philip King and Regal Partners Holdings Pty Ltd as trustee for Regal No.3 Fund (RN3)Decrease7.35% → 6.31%Filing ↗
22 Apr 2026Ficus Fiduciary Limited as trustee for Ficus Foundation (formerly, the Regal Foundation) (Ficus Foundation)Decrease9.200% → 8.200%Filing ↗
29 Aug 2025BNP PARIBAS NOMINEES PTY LTD <HUB24 CUSTODIAL SERV LTD>Entry?% → 10.94%Filing ↗
25 Mar 2025Equity Trustees LimitedEntry?% → 5.6%Filing ↗
23 Dec 2024Regal Partners Limited (RPL), Regal Funds Management Pty Limited (RFM) on its own behalf and as trustee for Regal No. 3 Fund (RN3)Exit—Filing ↗

Director trades — on-market

DateDirectorTradeSource
10 July 2020Michael Joseph O’BrienBought 80,000 unitsFiling ↗
21 Feb 2020HARVEY HILLARY KALMANBought 3,700 unitsFiling ↗
18 June 2019Michael Joseph O’BrienBought 80,000 unitsFiling ↗
18 June 2019HARVEY HILLARY KALMANBought 1,990 unitsFiling ↗

Ask about RF1 in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has RF1 raised money in the last year, and at what discount?
  • What was RF1's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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Regal Investment Fund (ASX: RF1): capital raises, holders, director trades | Capital Signal