Navab Capital Partners to Wind Down
Posted on 07/17/2019
Navab Capital Partners is closing down. This is after the unexpected death of firm founder Alex Navab. Alex Navab was a former executive at private equity firm KKR.
Per a statement, “All of us were committed to help make Alex Navab’s vision a reality, however we have determined it does not make sense to go forward without him at the helm. Navab Capital Partners will not pursue plans to raise a fund, and will wind down in an orderly fashion. We continue to grieve this terrible loss, and in our individual ways, we will cherish Alex’s memory and support his legacy of business and community leadership.”
