NEW YORK, Nov. 17 2021 /PRNewswire/ -- Orion Resource
Partners (Orion), a global private equity firm specializing in
institutional metals investment strategies, announced the final
closing of Orion Mine Finance Fund III. Together with
co-investments, Fund III raised a total of $2.3 billion.
Orion Resource Partners is an $8.9
billion global alternative investment management firm that
in its private equity funds delivers "turnkey" financial solutions
to metals companies utilizing a combination of debt, equity and
production linked instruments, such as royalties and streams. Fund
III has already invested or committed approximately 60% to
later-stage investments in base and precious metals and in
particular, base metals such as copper, nickel, aluminum, zinc, and
others which are key raw materials needed to fuel the energy
transition to a clean economy.
"75% of the world's GDP have announced plans to decarbonize
within 30 years. Meeting this commitment is impossible without
metals" said Oskar Lewnowski, Chief
Investment Officer of Orion. Orion expects the incremental
investment necessary to meet these targets by 2050 will require
nearly a trillion of capital expenditures in the metals sector
alone. As one of the leaders in the space, Orion's funds are
positioned at the forefront of this energy transition
super-cycle.
Orion also announced today that the Orion Mineral Royalty Fund
has hit its hard cap of $750 million.
The Orion Mineral Royalty Fund provides annuity type royalty cash
flows in a diverse suite of strategic minerals that are leveraged
to stimulus spend, infrastructure and the push to decarbonize.
"Orion's royalty investments are long-dated and structured with
security features that resemble senior loans" said Matt Zales, Head of Investor Relations. "We
witnessed strong demand for the fund from private credit investors
as a result."
About Orion
Orion Resource Partners is a global alternative investment
management firm with approximately $8.9
billion under management (as of 09/30/2021). Orion
specializes in institutional metals investment strategies in the
base and precious metals space. Our private equity, hedge fund, and
merchant service divisions enable us to access in-depth knowledge
of the global metals and mining supply chain and robust insight
into the physical and financial demand driving global metals
prices. We are an industry leader in delivering comprehensive and
customized financial solutions to mining companies and base and
precious metals investors. For more information visit
www.orionresourcepartners.com.
Contacts
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Media
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Investors
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Andrew
Merrill
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Matthew
Zales
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917-622-1252
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917-612-1025
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amerrill@prosek.com
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mzales@orionrp.com
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SOURCE Orion Resource Partners