business
Regal hands King’s funds to a new generation of managers
Regal Partners hands lead management of King's funds to Mark Nathan, Zachary Corones and Jovita Khilnani
Key points
- Mark Nathan, Zachary Corones and Jovita Khilnani will take responsibility for several key funds.
- Regal has created a new investment committee instead of appointing a new chief investment officer.
- Phil King, a Regal co-founder, leaves the firm in June 2027.
Why it matters. Investors in the $23 billion manager face a leadership change as King's exit nears, with a committee rather than a single chief investment officer replacing him.
Regal Partners told investors in an email on Wednesday that Mark Nathan, Zachary Corones and Jovita Khilnani will take lead responsibility for several key funds across eight of its funds. The $23 billion money manager is preparing for the exit of co-founder and market veteran Phil King, who leaves in June 2027. Rather than appoint a new chief investment officer to replace King, Regal has set up a new investment committee.
Latest updates
Regal hands King’s funds to a new generation of managers
Hedge fund Regal has formalised portfolio management responsibilities across eight funds ahead of Phil King’s retirement. Nov 4, 2026 – 1.48pm As Regal Partners prepares for the looming exit of its co-founder and market veteran Phil King, the $23 billion money manager has revealed its new lead managers across eight of its funds. In an email sent to investors on Wednesday, Regal said Mark Nathan, Zachary Corones and Jovita Khilnani would take responsibility for several key funds and also announced a new investment committee instead of appointing a new chief investment officer to replace King, who leaves in June 2027. Subscribe to gift this article Gift articles to anyone you choose each month when you subscribe. Fetching latest articles.