Waterton Nets $716M For Mining Fund

Mar 31 2014 | 1:46pm ET

Private-equity firm Waterton Global Resource Management has found many more takers for its new mining fund than for its predecessor.

The Toronto-based firm netted US$716 million for the new fund, it said in a regulatory filing. That’s about three times as much as it netted for a similar vehicle in 2010.

Waterton invests in metal-producers and late-stage mining developments. Last month, the firm said it would deploy some of the new fund’s assets to make a hostile bid for Chaparral Gold Corp.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of