Latest Alternative Asset Management News

HMC Capital delivered FY26 operating earnings in line with guidance while statutory results swung to a $111.6 million loss. The alternative asset manager is targeting at least 35 cents of underlying earnings per share and a 15 cents dividend in FY27.

Navigator Global Investments expanded ownership-adjusted assets under management by 8.9% to US$36.6 billion in the September quarter, with the newly acquired Stable Growth Portfolio providing a substantial lift. Lighthouse Partners remained broadly flat as US$280 million of inflows were offset by negative quarterly investment performance.

Regal Partners lifted funds under management 2.4% to approximately $21.9 billion in the September quarter, with net inflows of about $0.7 billion. Hedge funds led fundraising, while investment performance was broadly neutral.

WAM Alternative Assets reported a 9.1% investment portfolio return for FY2026 and maintained a 6.0 cents per share dividend, partially franked at 60%. The alternative-assets vehicle also highlighted 24 exits since Wilson Asset Management took over, completed at a weighted average 28.3% premium to net tangible assets.

HMC Capital reported a statutory loss of $111.6 million for FY26 amid significant fair value losses, yet delivered operating earnings close to guidance and maintained its dividend. The group’s strategic partnerships and capital recycling position it for a 16% rise in underlying earnings in FY27.

Navigator Global Investments grew assets under management by 21% to USD33.6 billion in FY26 but reported a 10% drop in adjusted EBITDA and suspended dividends to fund expansion, including a major acquisition closed post-year-end.

Omni Bridgeway delivered a standout FY26 with record investment proceeds and new commitments, underpinned by disciplined cost management and a robust pipeline.

Navigator Global Investments has finalised its US$190 million acquisition of a diversified portfolio from Stable Asset Management, establishing a strategic partnership to manage the new assets and expanding its alternative investment footprint.

Navigator Global Investments (ASX: NGI) has kicked off a fully underwritten entitlement offer to raise A$145 million, supporting its US$195 million acquisition of a portfolio of alternative asset manager stakes from Stable Asset Management.

HMC Capital has unveiled a streamlined strategy focusing on high-return platforms across real estate, digital infrastructure, private credit, and energy transition, reaffirming its FY26 operating EPS guidance above 40 cents pre-tax and announcing significant capital recycling and growth initiatives.

Navigator Global Investments (ASX: NGI) is acquiring a US$195 million portfolio of Net Revenue Share interests from Stable Asset Management, broadening its alternative asset manager ecosystem and raising A$145 million via a fully underwritten entitlement offer.

Navigator Global Investments has acquired a 4.5% stake in Canadian AI-focused growth equity firm Georgian through a USD 100 million investment, enhancing its exposure to AI-driven private markets.