Orion Mine Finance Fund II’s $2.1 Billion Fundraising

Ropes & Gray advised Orion Resource Partners on the transaction

The fund announced its final close with over $2.1 billion of capital commitments on Feb. 9. Orion Resource Partners is one of the world’s largest alternative finance providers to the metals and mining sector.

Fund II will continue Orion’s strategy of financing the construction of later-stage mine projects through a combination of debt, equity and production-linked investments. Investors in Fund II include some of the world’s largest and most sophisticated investors, including leading sovereign wealth funds, public and private pension funds, endowments and foundations, fund of funds, and family offices.

The Ropes & Gray team was led by private investment funds partner Marc Biamonte (Picture), and included tax & benefits partner Dan Kolb, tax & benefits counsel Seth Piken, private investment funds associates Youna Kim and Frank Williams, tax & benefits associate Tom Spera, and corporate associate Young Yoon.

 

Involved fees earner: Marc Biamonte – Ropes & Gray; Youna Kim – Ropes & Gray; Frank Williams – Ropes & Gray; Daniel Kolb – Ropes & Gray; Seth Piken – Ropes & Gray; Thomas Spera – Ropes & Gray; Young Sik Yoon – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Orion Mine Finance ; Orion Resource Partners;

 

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Author: Ambrogio Visconti