Street Talk can reveal that he is set to take the top job at ASX-listed asset manager Navigator Global.
Stephen Darke is on the move. Street Talk can reveal the former Macquarie Group managing director set to helm ASX-listed asset manager Navigator Global, taking over from long-time chief executive Sean McGould.
Darke left Macquarie in 2022 after more than 23 years at the diversified financial group, and set up advisory firm Arch Advisers.Darke left Macquarie Asset Management in 2022 after more than two decades and set up advisory firm Arch Advisers. At Macquarie, he co-managed the firm’s US-based private equity fund – Sass-Macquarie Financial Strategies – which helped establish 11 alternative asset management firms.
He will have big shoes to fill at Navigator after the 15-year reign of McGould, who will take charge of the company’s hedge fund subsidiary Lighthouse. As chief executive, Darke’s first task will be to get shareholders behind the firm’s push to get an early redemption payment from GP Strategic Capital in the 2023 financial year, bottom-line profits fell 9 per cent to $US35.5 million.has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.
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