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:
On 3 May 2022, Navigator acquired a 16.83.% ownership interests in Marble Capital, LP, a US based fund manager which provides capital solutions to developers and operators of multifamily residential real estate developments.
Established in 2016, Marble Capital currently manages a series of closed-end private equity funds. The company provides flexible capital solutions for multifamily real estate developers and operators across the United States with a portfolio consisting of more than 20,000 multifamily units across US$4.5bn in transactions.
Marble is headquartered in Houston, TX and is managed by a group of accomplished real estate professionals with 150 years of combined experience in real estate finance, capital markets, development and operations.
For more information, please visit https://marblecapitallp.com.