Tag: 2023

Singapore, Friday, 29 September 2023 – Navis Capital Partners (“Navis”) is pleased to announce that Jack Ng and Nicholas Nugroho will join the Navis Asian Credit team as Directors based in Singapore and Jakarta, respectively.

Jack Ng will be responsible for sourcing, executing, and monitoring investments across Southeast Asia for the Navis Asia Credit strategy. Jack has over 10 years’ experience, including 6 years’ experience in private credit investing, having previously worked for The Rohatyn Group, VI Asset Management, and ADM Capital, where he was responsible for sourcing and executing private credit investments across Southeast
Asia.

Jack started his career at Lazard in the M&A team in London and Singapore covering consumer, retail, and TMT across Europe and Southeast Asia. Jack holds a MSc in Finance from Imperial College London and a BSc in Information Management for Business from University College London.

Nicholas Nugroho will be responsible for sourcing, executing, and monitoring investments for the Navis Asia Credit strategy, primarily in Indonesia and will open Navis’ new office in Jakarta. Nick has over 11 years’ experience in private credit and investment banking in Indonesia having previously worked for Deutsche Bank and Indies Capital.

Nick spent 6 years at Deutsche Bank in equity research before joining Indies Capital as a private credit investment professional. Nick holds a Bachelor of Economics from the University of New South Wales.

Nicholas Bloy, Managing Partner, Navis Capital, commented: “Navis’ Asia Credit strategy is an exciting initiative for us. The strategy leverages the Navis platform of more than 60 investment professionals to source deals and draws on the capabilities of our operations group to add value to businesses. The strategy will provide an alternative funding solution for businesses in the region that require partnership capital but are not ready for a controlling shareholder.”

Justin Ferrier, Managing Partner of Navis’ Asia Credit strategy, said: “We continue to build out our private credit team with talent well known by us. Jack and Nick are fantastic additions to Navis’ credit team and will help Navis to source and execute high-quality private credit investments in Southeast Asia, supporting the growth of small and medium-sized businesses.”

Jack Ng commented: “I am delighted to join the Navis Credit team. It is an exciting time for private credit as an essential and rapidly growing asset class in Southeast Asia. I look forward to working with the team to help build the Navis Asia Credit strategy.”

Nicholas Nugroho commented: “Indonesia is a high growth market, well suited to Navis’ Private Credit strategy where it is important to have a team on the ground with local knowledge and expertise. I am thrilled to be opening the new Navis office here in Jakarta.”

About Navis Capital Partners Limited

Founded in 1998, Navis manages approximately US$5 billion in private equity capital, focusing on investments primarily in Southeast Asia and its adjacent economies. Navis contributes both capital and management expertise to well-positioned companies with the objective of directing strategic, operational, and financial improvements. Navis has one of the largest professional teams in Asia, including more than 60 investment professionals, supported by more than 30 administrative staff, in six offices across the region. Since its inception, Navis has completed over 90 control transactions, of which over 60 have been exited, and consistent with Navis investment strategy, almost all these exits have been to trade buyers.

Contact details: Navis Capital Partners

Singapore, 22 September 2023 – Navis Capital Partners (“Navis”) is honored to have won the “ESG Award of Distinction” for its investment in Texon at the SVCA 31st Anniversary Gala & Awards Dinner.

Navis took majority control of Texon in April 2016 and worked closely with senior management team to strengthen Texon’s leadership in the footwear structural components market. Key operational initiatives included a series of dedicated investments into sustainability and innovation under the ZeroFootprint project with a strategic goal to decarbonize the product line and move away from petrochemical-based materials. This important pivot was exactly what the global footwear brands were looking for in their supply chain partners, and after extensive R&D, the substitution of high-carbon footprint materials with renewable organic sources led to considerable growth in Texon’s share of wallet. This elevated Texon’s revenue growth trajectory vs. that of the industry in general. In 2022, Texon was sold to UK-headquartered Coats Group plc, the world’s leading manufacturer of sustainable threads and trims to the global footwear and apparel industries.

Rodney C. Muse, Managing Partner at Navis commented, “We are honoured to receive the ESG Award of Distinction from SVCA. ESG is mission-critical to our business model and an area where we commit significant resources and strive for breakthrough transformations. Texon’s continued commitment to sustainability has shown that real change can be made even in an industry which has traditionally been challenging for ESG. We are grateful to have partnered and created value with the management at Texon and wish them continued success.”

About Navis Capital Partners

Founded in 1998, Navis manages approximately US$5 billion in private equity capital and focuses on investments primarily in Southeast Asia and its adjacent economies. Navis contributes both capital and management expertise to well-positioned companies with the objective of directing strategic, operational and financial improvements. Navis has one of the largest private equity professional teams in Asia, comprising over 100 professionals in six offices across the region. Since inception, Navis has completed more than 90 control transactions, of which over 60 have been exited, and consistent with Navis investment strategy, almost all these exits have been to trade buyers. Navis strongly believes that a commitment to creating best-in-class ESG practices leads to better investment outcomes andfundamentally stronger companies. Navis is a signatory to the United Nations-backed Principles for Responsible Investment (UNPRI) and a member of the IFRS Sustainability Alliance.

Contact details: Navis Capital Partners

Singapore, 9 March 2023 – Navis Capital Partners (“Navis”) is pleased to announce that Mili Mills has joined Navis as Managing Director and Head of Investor Relations and Capital Formation.

Based in Singapore, Mili is responsible for Navis’ investor relations and fundraising team. Mili was formerly a Partner and Head of International Distribution with First Avenue Partners, a leading global placement agent, where she led the capital raising teams across EMEA and Asia. Mili has a successful track record in raising capital across private credit, private equity and infrastructure with deep relationships with institutional investors including consultants, pension funds, insurers and family offices.

Mili previously held capital raising positions, as a Managing Director at Kempen Capital Management, a Dutch bank with €50 billion assets under management (“AUM”), and at Foresight Group, a private equity and infrastructure fund manager with £12 billion in AUM. Mili started her career at PricewaterhouseCoopers where she gained her ACA and worked within Transaction Services in London and Stockholm.

Nicholas Bloy, Managing Partner of Navis Capital, commented: “We are thrilled to welcome Mili to our team as the new Head of Investor Relations and Capital Formation. Mili’s extensive experience in the industry and proven track record of successfully raising capital and building strong relationships across a variety of asset classes makes Mili the most qualified candidate to lead our efforts in this critical function. We are confident that Mili’s expertise will be invaluable as we continue to grow and strengthen our relationships with our valued investors.”

Mili Mills commented: “I am delighted to be leading Navis’ investor relations and capital formation team. With over two decades of successful investing in Southeast Asia, Navis has established an exceptional reputation and network in the region, and I look forward to adding my global relationships. Navis has one of Southeast Asia’s strongest and largest investment teams with loyal backing by institutional investors across the globe, and I’m excited to be involved in further expanding Navis’ reach, especially with the recent launch of the Navis Credit Fund. Together, we’ll continue to explore new verticals and achieve even greater success.”


About Navis Capital Partners Limited

Founded in 1998, Navis manages approximately US$ 5 billion in private equity capital and focuses on investments primarily in Southeast Asia and its adjacent economies. Navis contributes both capital and management expertise to well-positioned companies with the objective of directing strategic, operational and financial improvements. Navis has one of the largest private equity professional teams in Asia, comprising 60 individuals, supported by 30 administrative staff, in six offices across the region. Since inception, Navis has completed over 90 control transactions, of which over 60 have been exited, and consistent with Navis investment strategy, almost all these exits have been to trade buyers.


Contact details: Navis Capital Partners

Mili Mills
+65 9 390 8221
mmills@naviscapital.com