Houston-Based Marble Capital Enters Partnership Agreement with Navigator Global Investments

HOUSTON, April 8, 2022 /PRNewswire/ — Marble Capital, a Houstoninvestment advisory firm focused on multi-family rental housing across United States, today announced that the company has signed definitive agreements to enter into a partnership with Navigator Global Investments (ASX: NGI). The transaction is expected to close at the end April 2022. As part of the deal, Navigator will buy a minority stake in the company and become a passive non-voting minority partner. Most of the capital will be used to support Marble Capital’s near-term growth initiatives, including funding larger general partner commitments to Marble Capital’s funds.

With Navigator, Marble will benefit from the deep experience and connections of Navigator’s management team. Additionally, as Navigator is a portfolio investment of Dyal, a division of Blue Owl (NYSE: OWL), Marble joins a broad ecosystem of leading alternative asset managers with access to a team that is focused on sharing insights. information on industry best practices and access to various capital providers. The partnership will allow the company to invest more significantly in its various funds while providing capital on the balance sheet to create and implement new products.

“We are extremely pleased to partner with Navigator as we enter Marble Capital’s next stage of growth,” said Adam Allenco-founder and managing director of Marble Capital.

David Oelkeco-founder and managing director of Marble Capital, added “a partnership with Navigator provides us with a long-term, aligned partner to accelerate certain growth initiatives, access to a deep industry network and best practices to leverage over time. “

Michael BergerPresident of Navigator said: “This is a strategic and compelling opportunity to partner with a successful and growing asset manager who brings diversification to our existing investment portfolio and will create value for Navigator shareholders. We look forward to continuing to support the Marble Capital team.

Colchester Partners LLC acted as financial advisor to Marble on the transaction. Holland & Knight LLP acted as legal counsel to Marble. Sidley Austin LLP served as Navigator’s legal counsel.

About Marble Capital
Founded in 2016, Marble Capital currently manages $1.4 billion of assets under management in a series of closed-end private equity funds. The company provides flexible capital solutions to multi-family real estate developers and operators through United States with a portfolio consisting of more than 20,000 multi-family units across $4.5 billion in operations. 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

About the browser
Navigator Global Investments Limited (ASX: NGI) is a diversified asset management holding company dedicated to partnering with leading management teams that operate institutional-grade businesses globally, primarily in the asset management industry. alternative investments. The browser has US$21.6 billion assets under management (December 31, 2021) on an adjusted basis for ownership in Lighthouse Partners and its portfolio of strategic investments. For more information please visit www.navigatorglobal.com.au

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