Abu Dhabi Catalyst Partners’ Strategic Partnership with Alphastream

Ashurst advised Abu Dhabi Catalyst Partners on the deal.

Abu Dhabi Catalyst Partners made a strategic partnership with Alphastream Partners to provide finance worth US$500 million to mining projects in the next three to five years.

Based in the Abu Dhabi Global Market, Alphastream has established a multi-commodity royalty and streaming business investing in emerging markets. It will focus on investment in mines in Africa, Asia and South America producing precious metals and technology metals such as lithium, nickel and cobalt to support energy transition and in particular the electric vehicle revolution.

Abu Dhabi Catalyst Partners, a joint venture between Mubadala Investment Company and Falcon Edge Capital, was established in April 2019 with committed capital of US$1 billion. Its investment in Alphastream represents yet another partnership with an innovative business that will contribute to the overall development of the Abu Dhabi Global Market and its increasing importance as a hub for international finance, trade and investment.

The Ashurst team was led by partner Stuart James (Picture), assisted by associate Rushal Noor, with support from partner Jonathan Cohen in London and tax partner Sharon Kim in New York.

Involved fees earner: Jonathan Cohen – Ashurst; Stuart James – Ashurst; Sharon Kim – Ashurst; Rushal Noor – Ashurst;

Law Firms: Ashurst;

Clients: Abu Dhabi Catalyst Partners;

Author: Sonia Carcano