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Regal Partners Ltd V.RPL


Primary Symbol: VGIPF

Regal Partners Limited is an Australia-based company, which operates as specialist alternatives investment manager. The principal activity of the Company is the provision of investment management services, specializing in alternative investments. It is engaged in managing a diverse range of investment strategies covering hedge funds, private markets, real and natural assets, and capital solutions on behalf of institutions, family offices, charitable groups and private investors. The Company has seven alternative investment management businesses: Regal Funds Management, PM Capital, VGI Partners, Taurus Funds Management, Attunga Capital, Kilter Rural, and Merricks Capital. The Company operates offices across Australia, Asia, United Kingdom/Europe, and North America.


OTCPK:VGIPF - Post by User

Comment by InvestorSuperfanon Jan 15, 2014 6:07pm
222 Views
Post# 22096184

RE:Surge Energy Seeking More Deals to Expand in Williston Basin

RE:Surge Energy Seeking More Deals to Expand in Williston BasinGood point Seppelt. Why is this Board selling off high quality assets before a new CEO is in place? I don't think RPL is in any imminent danger of defaulting on their debt (in fact, I believe they still have a significant amount of unused room on their existing credit line even without this deal). Don't they think they should allow the new CEO to determine the path forward re. RPL assets instead of making these decisions before he/she is in place? In my opinion, this just adds more fuel to the suspicion that the existing RPL board cut this deal so they can dress up the balance sheet before the proxy meeting. Their main goal seems to be saving their jobs on the Board since they have little to no ownership in the company.
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