Marble Capital, a Houston-based investment advisory firm focused on multi-family rental housing across the United States, has signed definitive agreements to enter a partnership with Navigator Global Investments, a diversified asset management holding company in the alternative investment management sector.
The transaction is expected to close in late April 2022. In the deal, Navigator will purchase a minority stake in the business and become a 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 funds.
Established in 2016, Marble Capital now manages $1.4 billion in assets across a series of closed-end private-equity funds. The company provides flexible capital solutions for multifamily real estate developers and operators across the United States with a portfolio consisting of more than 20,000 multifamily units across $4.5 billion
