From the Fin Review
'Melbourne-based EMR Capital, a private equity firm Mr Hegarty co-founded, closed its first fund on Friday at $US450 million, ahead of a target of $US400 million, after 14 months of fundraising.
It is targeting “strategic" stakes at a corporate level, rather than a project level, in miners across four commodities: potash, coking coal, copper and gold.'
Pick up the phone RUM.
Ann: Quarterly Activities Report Dec2014, page-2
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