To be a leading source of bespoke financing to the mining sector.
To be a sought-after long-term funding partner to mining companies throughout the commodity cycle, while providing compelling returns to our investors.
Taking a longer-term view
Analytical & detail-oriented
Embracing contrarian thinking
Thorough, innovative and tenacious
Dedicated to excellence in delivery and execution
We are primarily targeting investments in the range of $100M to $500M, but will look at a broader investment range for compelling opportunities, ranging from smaller development-stage investments to larger portfolio investment opportunities.
Gold, silver and PGM’s are our primary target, but we will invest up to 25% of our portfolio in high-quality base metal and bulk commodities.
We are primarily looking to invest in the Americas, Europe and Australia, but we will consider other locations if we can find excellent operating partners and manageable longer-term country risks.
We will invest from early-stage development projects to operating assets and everything in between. Existing portfolios of royalties and metal streams represent a natural fit. Our investment bias is tilted toward cash-generating assets, but we are building a balanced portfolio with good exposure to future growth opportunities, so we will actively pursue development-stage assets as well.
Our ability to transact expeditiously positions us to be an ideal funding partner as part of larger deals where risk syndication is desirable, or as part of large merger and acquisition opportunities where we can offer part of the financing package and help close valuation gaps.