Marble Capital, a Houston-based investment advisory firm focused on the rental housing market, has agreed to partner with Navigator Global Investments, an asset management holdings company and portfolio investment of Dyal, a division of Blue Owl. The transaction is on track to close in late April 2022.
Navigator will purchase a minority stake in Marble Capital and become a passive, non-voting minority partner. The capital will be used to support Marble Capital’s growth goals and fund partner commitments.
Adam Allen, co-founder and managing principal at Marble Capital said, “We are extremely pleased to partner with Navigator as we enter into the next stage of growth at Marble Capital. We believe Navigator’s commitment to the company validates our strategy, underwriting process and the team we’ve assembled over the last five years.”
Colchester Partners LLC served as financial advisor to Marble. Holland & Knight LLP acted as legal counsel to Marble. Sidley Austin LLP served as legal counsel to Navigator.