Announced

Navigator Global Investments to acquire a 23.5% stake in 1315 Capital for $71m.

Synopsis

Navigator Global Investments, an investment management company, agreed acquire a 23.5% stake in 1315 Capital, a private equity firm, for $71m. “Our new partnership with 1315 Capital is the next important step in the execution of our strategy to partner with leading alternative investment firms globally. This is a compelling opportunity to partner with a proven and growing specialised private equity manager that brings further diversification to our existing group of Partner Firms and will create long-term value for Navigator shareholders," Stephen Darke, NGI CEO.

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