Navigator Global Investments (NGI) is an Australian alternative investment management company headquartered in Toowong, Brisbane. It has been publicly traded on the Australian Securities Exchange (ASX) since 2006.
Background
The company was originally founded in 1998 as HFA Holdings Limited (HFA) by Spencer Young.[2]
In April 2006, HFA held its initial public offering to become a listed company on the ASX. Its listing price was A$1.10 per share. One of the companies that helped it list was MFS Limited which was also a cornerstone investor making it a significant shareholder.[3]
In December 2006, Young stepped down from role of CEO of HFA to take a more strategic role and was succeeded by Paul Jensen.[4] Jensen was only with the company until September 2007 when he was dismissed from his role with Young taking back charge of the company.