On March 17, 2025, Navigator Global Investments announced its agreement to acquire a minority interest in 1315 Capital.
Navigator Global Investments Limited (“Navigator”) announced, on March 17, 2025, that it entered into an agreement to acquire a minority interest in 1315 Capital, LLC (“1315”). Under the terms of the agreement, Navigator will acquire a 23.5% strategic equity stake and a minority interest in certain carried interest for a total maximum consideration of $70.5 million. The minority investment will not impact the day-to-day operations of 1315. Further terms of the deal were not disclosed.
Navigator (ASX:NGI), based in Brisbane, is a diversified asset management holding company that partners with management teams operating institutional quality businesses, primarily in the alternative investment management sector. As of December 2024, Navigator had approximately $27.1 billion in assets under management.
1315, based in Philadelphia, is a registered investment advisor specializing in growth equity and buyouts within commercial-stage pharmaceutical outsourcing, medical technology, healthcare services and wellness companies. As of April 2025, 1315 had approximately $1 billion in assets. Ardea Partners served as financial advisor to 1315 on the transaction.
To read the article: please click here.