Transactions is the principal-side workspace for a secondary purchase. Where the Transfers section handles a single LP transfer, a Transaction groups the whole deal in one place: the parties, the total consideration, the purchase and sale agreement (PSA), and every underlying transfer, whether it runs on Navys or off-platform.

A Transaction is typically used by a buyer or seller, and their counsel, acquiring one or more fund interests that settle across several underlying LP transfers.

The dashboard opens on a list of your transactions, with a stats row across the top:

The table below lists each transaction with its name and reference, the advisor or principal, aggregate consideration, number of underlying transfers, consents obtained, a status badge, and the date of last activity. Use the search box to find a transaction, or click New transaction to create one. Selecting a row opens the transaction.

Click New transaction and complete the form. Only a name is required; everything else can be added now or later.

Details. Give the transaction a name (required). You can also add an advisor or principal, the aggregate consideration (a currency and an amount), an effective date, and a target closing date. You do not set a status: it is derived from the underlying transfers as the deal progresses.

Underlying Transfers. Click Add transfers to attach the transfers that make up the deal. Each row shows the transfer, the transferor and transferee, the amount, and the source. Until you add any, the table reads "No underlying transfers yet." You can also add these later from the transaction overview.

Participants. Select your role (required); you are added as a participant under your own email. Use Add Participant to include others, entering each one's email, role, and firm. Until you add anyone, the table reads "No additional participants yet."

Purchase and Sale Agreement. Optional. Use Upload agreement to attach the PSA as a .docx file up to 25 MB. You can also upload it later from the PSA tab.

When you are ready, click Create transaction to save. This takes you to the new transaction's overview.

Each transaction has a workspace with three tabs in the sidebar: Overview, PSA, and Execution.

The Overview shows four summary cards, aggregate consideration, status, consents obtained (x of y), and closing date, above the Underlying transfers table. That table brings together every leg of the deal:

The buyer and seller can exclude a leg from the deal, or unlink a transfer, from the row actions.

Clicking an off-platform leg opens a tracker drawer. It shows the leg's progress as x of 10 steps, grouped into Pre-Transfer, Transfer, and Completion. You set each step's status manually, not started, in progress, or completed, and the progress count updates as steps complete. You can also exclude the leg from the transaction here.

The PSA tab is the document workspace for the purchase and sale agreement. It runs as an open negotiation, the same collaborative workflow as the Transfer Agreement page on a transfer. If no PSA has been uploaded yet, the tab shows an upload prompt, and the file you attach becomes Version 1.

From there, any party can download the current draft, mark it up locally, and upload a new version at any time. There is no fixed turn order. Each version is numbered sequentially (V1, V2, V3, and so on) and kept permanently, and Navys generates a visual redline between each version and the one before it.

Working with the document:

Approval. Any party can approve the current version. Approval is recorded at the party level, so if a counsel approves, that whole side is marked approved. When both sides have approved the same version, the PSA locks, no further uploads are possible, and it is ready to sign on the Execution tab.

The Execution tab handles signing of the PSA. Assign signers, place the signature fields, and send the document for signature. The buyer and seller each have a progress card, and once signing is complete you can download the executed PDF.

For the underlying LP transfer workflow that sits behind each on-platform leg, see the Transfers articles.

For any further questions or assistance, please reach out via the chat on the platform or contact the Navys support team at [email protected].