SC 13G: Navios Maritime Partners L.P.

AI Summary

SC 13G filing by Navios Maritime Partners L.P..

Risk Assessment

Risk Level: low

Filing Documents

• d10904048_13g-a.htm (SC 13G) — 85KB
• 0000919574-24-001003.txt ( ) — 87KB

From the Filing

SC 13G 1 d10904048_13g-a.htm SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 5) Navios Maritime Partners L.P. (Name of Issuer) Common Units, representing limited partner interests (Title of Class of Securities) Y62267409 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [_] Rule 13d-1(c) [_] Rule 13d-1(d) The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. Y62267409 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Pilgrim Global ICAV 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Ireland NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 4,860,019 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 4,860,019 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,860,019 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.1% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) FI CUSIP No. Y62267409 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Pilgrim Global Advisors LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 4,908,105 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 4,908,105 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,908,105 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.3% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA CUSIP No. Y62267409 Item 1. (a). Name of Issuer: Navios Maritime Partners L.P. (b). Address of issuer's principal executive offices: 7 Avenue de Grande Bretagne, Office 11B2 Monte Carlo, MC 98000 Monaco (a)-(c). Name Principal Business Address, and Citizenship of Person Filing: Pilgrim Global ICAV 33 Sir John Rogerson's Quay Dublin 2 Ireland Pilgrim Global Advisors LLC 4785 Caughlin Parkway Reno, Nevada 89519 (d) Title of class of securities: Common Units, representing limited partner interests (e). CUSIP No.: Y62267409 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [x] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [x] A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(K). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: Pilgrim Global ICAV 4,860,019 units Pilgrim Global Advisors LLC 4,908,105 units (b) Percent of class: Pilgrim Global ICAV 16.1 % Pilgrim Global Advisors LLC 16.3 % (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote Pilgrim Global ICAV 0 units Pilgrim Global Advisors LLC 0 units (ii) Shared power to vote or to direct the vote Pilgrim Global ICAV 4,860,019 units Pilgrim Global Advisors LLC 4,908,105 units (iii) Sole po