Sunday, 5 July 2015
Last updated 1 day ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…