Navegar

What Navegar does

Navegar is a Philippine-focused private equity firm founded in 2011 that invests growth capital and provides strategic guidance to growth-stage companies in the Philippines. Headquartered in the Zuellig Building in Makati City's financial district, the firm manages approximately $300 million in assets across two funds and is currently raising a third. Navegar typically deploys $20-30 million per investment in companies with a track record of profitability or a credible path toward it, operating a sector-vertical thesis spanning business process outsourcing, healthcare, food & beverage retail, e-commerce, logistics, IT services, and grocery retail. Portfolio companies collectively employ over 26,000 people across the Philippines and Thailand, including TaskUs (exited via Blackstone, later Nasdaq-listed), Intellicare (partially sold to Fullerton Health in 2017), The Bistro Group, Bo's Coffee, Cloudstaff, Great Deals, Inteluck, MDI Novare, Royale Cold Storage, Global Care Medical Centers, and Dali.

The firm's core product is its series of private equity funds (Navegar I L.P., Navegar I Parallel L.P., Navegar II L.P., and Fund III), which pair capital deployment with multi-disciplinary operational support. Navegar Philippines, Inc. serves as the advisor to the funds. The 19-person team blends investment professionals (origination, execution, portfolio support VPs) with finance and marketing associates who are routinely seconded into portfolio companies as CFOs or commercial leads — embedding operators at The Bistro Group, Royale Cold Storage, and Great Deals, among others. The investment committee is chaired by Patrik Brummer, founder and chairman of Brummer & Partners (over $14 billion AUM), and the co-founders are Javier Infante (ex-BCG, co-founder of TELUS International Philippines and Enderun Colleges) and Honorio Poblador IV (ex-Credit Suisse, Morgan Stanley, Rothschild).

Navegar's revenue model is that of a conventional mid-market private equity manager: it earns management fees on committed or invested capital and is entitled to carried interest on realized gains above agreed hurdles. Limited partners disclosed in the input include development finance institutions — Swedfund ($15M anchor into Fund III), Asian Development Bank ($10M into Navegar II), Proparco (into Navegar II), and FMO ($20M into Navegar II) — alongside private investors. The investment process is sales-led and structured: initial review with Letter of Intent, followed by comprehensive due diligence across commercial, financial, legal, environmental, social, and governance dimensions, with ESG integrated into the investment thesis. Deal sourcing relies on professional networks, referrals, and outbound origination rather than competitive auctions.

Name

Navegar

Legal name

Navegar Philippines, Inc.

Website

https://navegar.com.ph

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Navegar is a Philippine-focused private equity firm that deploys $20-30 million per investment in growth-stage companies across outsourcing, healthcare, food & beverage, e-commerce, logistics, and IT services. Founded in 2011, it manages approximately $300 million across two funds.

Ownership category

akta.pro rank

Product category

Private Equity Fund Management

NAICS

Portfolio Management and Investment Advice (52394), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282)

akta.pro primary industry

Thematic / Sector-Focused Multi-Manager Platforms (FSANAGAH)

akta.pro secondary industry

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

Keywords

• Private equity funds
• Growth capital investment
• Portfolio management services
• Philippine private equity
• Venture capital

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Private Equity Fund Management: Navegar generates returns through equity investments in Philippine growth-stage companies. The firm manages multiple funds (Navegar I, Navegar II, and Fund III) and earns returns through portfolio company value creation and exits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Navegar is a Philippine-focused private equity firm that invests capital and provides strategic guidance to growth-stage Philippine companies. The firm manages multiple funds (Navegar I L.P., Navegar II L.P., and the in-progress Fund III) and typically deploys USD 20-30 million per investment in companies with proven track records of profitability or a clear path toward it. Investments span outsourcing, healthcare, food and beverage, e-commerce, logistics, and IT services, with returns generated through equity stakes, portfolio company value creation, and exits.

Product overview

Navegar is a Philippine-focused private equity firm that operates as a single unified investment platform rather than a modular product architecture. The firm offers its core product through private equity funds (Fund I, Fund II, and Fund III) which provide growth capital and operational expertise to visionary entrepreneurs behind high-growth Philippine companies. With approximately $300 million under management across 2 funds, Navegar backs companies across diverse sectors including business process outsourcing, e-commerce, food & beverage, healthcare, logistics, and IT services. The investment approach combines capital deployment with multi-disciplinary expertise, extensive networks, and local market presence to help portfolio companies scale and succeed.

Differentiator

Problem solved

Functional benefit

Products and services

• Navegar Private Equity Funds Philippine-focused private equity fund vehicles offering growth capital and strategic expertise to high-growth companies across multiple industries including outsourcing, healthcare, food and beverage, e-commerce, logistics, and IT services. The funds deploy approximately USD 20-30 million per investment and target companies with proven track records of profitability or a clear path towards it.
• Navegar Fund III The third private equity fund managed by Navegar, targeting mid-sized companies across the Philippines in healthcare, food distribution, and logistics sectors, with the goal of supporting business expansion and helping firms formalize operations amid barriers to long-term financing.

Quantifiable outcome

• Over 26,000 people employed by portfolio companies
• +2 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Venturi Partners: Asia-focused consumer growth equity firm that has co-invested with Navegar in Dali (2024). Comparable as a consumer/services growth investor with overlapping Philippines exposure.
• LeapFrog Investments: Emerging-markets growth equity investor focused on financial inclusion and healthcare. Co-invested with Navegar in a Philippine hospital in 2026, indicating a direct partnership overlap on Philippine healthcare deals.

Broad incumbents

• KKR Asia: Global alternative asset manager with a dedicated Asia Pacific private equity franchise that pursues control-oriented growth and buyout deals across Southeast Asia, including the Philippines.
• CVC Capital Partners: Global large-cap PE firm with a significant Southeast Asia platform that invests across multiple sectors and geographies; competes with Navegar at the upper end of the Philippine mid-market and is a co-investor in Great Deals.
• Ayala Corporation: One of the Philippines' oldest conglomerates with diversified holdings across real estate, banking, telecoms, and healthcare. Comparable as a long-term domestic capital allocator in Philippine growth assets, though at vastly larger scale and via operating businesses rather than fund vehicles.

Direct peers

• CLSA Capital Partners: Asia-Pacific focused private equity manager with exposure to Southeast Asia growth investments, comparable in size and sector mix to Navegar.
• Quadri Capital Partners: Philippine-focused private equity firm pursuing mid-market buyout and growth investments in the local market, overlapping Navegar's geography and target company profile.
• Affinity Equity Partners: Asia-focused, mid-to-large-cap PE firm that invests across Southeast Asia including the Philippines, with a growth/control orientation comparable to Navegar's strategy.
• Narra Capital: Narra Capital is a Philippine-focused growth equity firm investing in mid-market local companies, directly overlapping Navegar's mandate, geography, and typical check size.
• Creador: Creador is a Southeast Asia-focused growth equity firm headquartered in Kuala Lumpur that invests $20-50M in mid-market companies. It is the most directly comparable peer to Navegar — both pursue control-oriented growth equity in ASEAN consumer/services, and they have already co-invested together (Dali, 2024).

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/navegarph
• Xx.com/thememakers
• Facebookfacebook.com/wpthememakers

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments11 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Navegar