Navigator Global Investments, the Australian alternative investment firm, will increase its annual deal volume through a strategic partnership with New York-based Stable Asset Management, CEO Richard Baker announced on Monday. The deal, orchestrated as part of Navigator’s latest $195 million acquisition, involves Navigator paying $103 million in cash to Stable for a portfolio of revenue-share interests in 17 alternative asset managers. Stable will also receive Navigator shares granting it a 9.6% stake in the Australian firm. This move aligns with Navigator’s strategy to expand its global footprint and diversify its investment portfolio, leveraging Stable’s established relationships in alternative asset management. The acquisition underscores Navigator’s commitment to strengthening its market position in a competitive sector.

The agreement marks Navigator’s latest step in its aggressive expansion strategy, which has seen the firm acquire multiple stakes in alternative asset managers in recent years. By acquiring a stake in Stable Asset Management, Navigator gains direct access to its network of 17 revenue-share managers, enabling it to execute more transactions in 2026. This not only boosts Navigator’s revenue potential but also enhances its operational efficiency by reducing the time and resources needed to secure deals. The $103 million payment to Stable represents a significant investment in Navigator’s growth, reflecting the firm’s confidence in Stable’s value proposition and its ability to drive deal volume.

For Stable Asset Management, the partnership provides a strategic exit from its alternative asset management portfolio while securing a long-term stake in Navigator. This arrangement allows Stable to capitalize on Navigator’s growing market presence without directly managing the 17 revenue-share interests it acquired. The deal also signals a trend in the alternative asset management sector, where firms are increasingly partnering with established players to access new markets and transaction opportunities. This trend is likely to continue as companies seek to streamline their operations and expand their reach.

Navigator Global’s acquisition of a stake in Stable Asset Management is a strategic move that positions the firm to increase its annual deal volume significantly. By leveraging Stable’s network of 17 alternative asset managers, Navigator is poised to enhance its revenue-generating capabilities and solidify its position in the competitive alternative investment landscape.