Press Release
April 7, 2022

Holland & Knight Represents Marble Capital in Sale of "GP Stake" to Navigator Global Investments Limited

HOUSTON (April 7, 2022) – Holland & Knight advised Marble Capital in its agreement to sell a 19.8 percent passive strategic ownership interest (commonly referred to as a "General Partner Stake" or "GP Stake") to Navigator Global Investments Limited (ASX:NGI).

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 funds. Under the terms of the agreement, Marble Capital's leadership team will retain remaining ownership and day-to-day management responsibilities.

The transaction is expected to close in late April 2022.

Established in 2016, Houston-based Marble Capital provides flexible capital solutions for multifamily real estate developers and operators across the United States.

Based in Australia, Navigator Global Investments Limited is a diversified asset management holding company dedicated to partnering with leading management teams who operate institutional businesses globally, primarily in the alternative investment management sector.

Holland & Knight Partner C. Walker Brierre, Jr. led the firm's representation of Marble Capital. He was assisted by Partners Brandon Bloom, Micah Prude and Neely Munnerlyn, and Associates Kelsie Knight and Emily Smith.

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