• Navigator AUM up 0.4% to USD27.2 billion
• Partner Firm level AUM up 2.9% to USD80.8 billion
• Lighthouse Partners' AUM remained broadly flat at USD16.0 billion

Navigator Global Investments (NGI) has provided an update on its assets under management (AUM) and performance as at 31 March 2025. The company's AUM increased by 0.4% to USD27.2 billion during the March quarter. Total NGI Firm Level AUM increased by 2.9% (USD2.3 billion) to USD80.8 billion over the quarter, reflecting continuing resilience across NGI's portfolio. The investment and fundraising environment remained challenging globally in 2025 year to date, however the heightened political and geo-political risks have contributed to increased dispersion which creates an attractive environment for active management. Lighthouse Partners' AUM remained broadly flat at USD16.0 billion. The business saw net outflows of USD0.1 billion and generation of relatively stable performance across its key strategies, despite a quarter marked by negative returns and materially higher volatility across global equity markets. The NGI Strategic Partner Firms AUM grew 1.8% over the quarter, including AUM attributable to NGI's acquisition of a strategic minority stake in 1315 Capital, a US private equity firm.