The Dubai financial firm and its Galahad Securities arm reported holding 4.82 million shares in the New York-listed owner of LNG carriers, regasification units and production vessels.
That represents a 5.2% share of the company, according to a filing with the US Securities & Exchange Commission (SEC).
At today’s prices for Golar LNG’s stock, the holding would be worth $323m.
Led by Mark Stoleson, Legatum advertises itself as an asset manager focused on long-term growth.