Orion Resource Partners closes Mine Finance Fund IV at $2.2 billion, bringing total AUM to over $9 billion for critical minerals projects

Orion Resource Partners completed the final close of its Mine Finance Fund IV, raising $2.2 billion, which represents its largest fundraising to date. This new capital brings the firm's total assets under management to over $9 billion, with Fund IV already 61% committed to critical minerals projects. The fund is actively investing across North and South America, Europe, Australasia, and Africa, demonstrating strong performance through early distributions to investors. Orion, based in New York, specializes in providing mine construction loans, royalties, and other structured capital to support the development of critical minerals supply chains globally.

Counterparts (3)

Lender

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pension funds

company

Global pension funds collectively manage trillions in AUM, including CalPERS ($480B+) and CPPIB ($590B+ CAD), actively investing in core infrastructure assets across North America, Europe, and Asia. Their long-term investment horizon targets stable, inflation-linked cash flows from utilities, transportation, digital infrastructure, and renewable energy projects.

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sovereign wealth funds

company

Sovereign wealth funds (SWFs) collectively manage over $10 trillion globally, with major players like Norway's GPFG ($1.5T+ AUM), ADIA, and GIC actively deploying capital across global infrastructure assets including renewables, digital infrastructure, and transportation, driven by long-term, stable return mandates.

borrower

Orion Resource Partners

company

Orion Resource Partners is a global alternative investment management firm with approximately $8.5 billion under management, focused on the metals and mining sector. It provides flexible capital solutions to mining companies globally, including for related infrastructure development.