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overtheedge
Member since May 2012
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>The Predators Feast: Ex-JPM Bankers Raise $375 Million For Mining Company Buys - Jesse - Le Cafe Américain
Might I suggest that the denizens of "Le Cafe Americain" get a real job.
Just where do you suppose private equity funding comes from? Perhaps from the members of a bowling league? Maybe the parents and teachers of the local PTA? Maybe Benny or Marge will volunteer to be the fund raiser.

The world of finance draws the gnomes of finance. Who better to do the job? Who already has the connections to those with deep pockets?
Unless the mining corp is a large major, the odds of obtaining access to large amounts of capital from banks is low to non-existent.
And if the project isn't already in production, forget about approaching your neighborhood banker.

The "Le Cafe Americain" comments on the original article reek of rattus norvegicus fecal matter.

Those who can - do. Those who can't write snarky articles about private equity firms who actually put their money where their mouth is.


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Beginning of the headline :Companies.  Countries. We will find an opportunity, or we will make them. Ex-JPMorgan Bankers Raise $375 Million for Mining Fund By Jesse Riseborough Jan 29, 2014 Former JPMorgan Chase & Co. bankers Michael Scherb and Verne Grinstead raised $375 million from investors to target acquisitions of mining assets through their Appian Natural Resources Fund LP. “The whole thesis was really created when I was at JPMorgan, when I could see that traditional sources of capital were going to dry ... Read More
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