New Magellan Ventures International

David B. Horner Jr. is the founder and CEO of New Magellan Ventures International, based in Washington, DC. His professional background in the defense and government technology sectors informs the firm's investment thesis. Day-to-day investment committee authority appears to rest with Horner given the firm's lean structure, though public disclosures are minimal.

The firm invests in dual-use technologies — companies whose products serve both commercial markets and US government defense or intelligence agency customers. Sectors of interest include aerospace, autonomous systems, cybersecurity, enterprise AI, and advanced manufacturing. Deal sourcing likely leverages Horner's network within the Washington national security establishment rather than broad auction processes.

New Magellan Ventures International operates as a private equity and venture capital asset manager, not a family office. It invests across stages — from early-stage venture to growth equity and buyout — rather than managing the wealth of a single family. The firm maintains a deliberately low public profile.

Public filings and the firm's own materials are thin, but New Magellan's strategy appears centered on direct investments into operating companies rather than fund-of-funds commitments. The multi-stage mandate supports both minority growth equity positions and control-oriented buyout transactions.

Specific portfolio company names are not publicly disclosed. However, given the firm's stated focus on dual-use aerospace, defense technology, and enterprise software, its investments are likely concentrated in privately held companies operating at the intersection of national security and commercial technology markets.