Navigator Global Investments Ltd ( (AU:NGI) ) just unveiled an announcement.
Navigator Global Investments Limited has announced a strategic minority stake acquisition in 1315 Capital, a US-based healthcare private equity firm with over USD 1 billion in assets under management. This partnership is expected to enhance Navigator’s diversification in private markets, particularly in the healthcare sector, and is aligned with their strategy to partner with leading alternative investment firms. The transaction, valued at up to USD 70.5 million, will not affect the day-to-day operations of 1315 Capital but aims to leverage Navigator’s expertise to support growth and deliver long-term value for shareholders.
More about Navigator Global Investments Ltd
Navigator Global Investments Limited (ASX: NGI) is a diversified alternative asset management company focused on partnering with leading management teams operating institutional quality businesses globally. The company collaborates with well-established alternative asset managers across various investment styles, product types, and client bases, with a firm-level AUM of USD 79 billion as of December 2024.
YTD Price Performance: -37.45%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $546M
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