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Primrose Riordan

The Regal investment making Phil King furious

Duxton Farms, an ASX-listed fund of agricultural assets, has some big investors in Phil King’s Regal Partners and mysterious Singapore-based hedge fund manager Richard Magides.

But Duxton and Ed Peter the fund’s ex-Deutsche Asset Management chairman – aren’t exactly household names. This is a good thing because the sort of transaction the fund is planning is so cringeworthy they would be hoping few would notice.

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Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com

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    Original URL: https://www.afr.com/rear-window/the-regal-investment-making-phil-king-furious-20250723-p5mh7b