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

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...