On 1 February 2021, Navigator successfully completed the acquisition of six minority ownership interests in leading established alternative asset managers ('the Portfolio'). Navigator's economic interest in each manager ranges between 8-25% economic interest.
The Portfolio is comprised of global, well-established, scaled alternative asset managers who operate businesses which are diversified across investment style, product type and client base. Each represents a highly specialised business in their respective strategies.
The investments in the alternative asset managers are structured with various provisions focused on alignment of interests and minority protections.
The Portfolio comprises interests in the following six managers: