Duration:

2004 – 2007, ever since expanded to a world-class iron ore project led by Eurasian Resources Group (ERG)

Mandate:

Prior to founding EBP, the firm's Managing Partner, Andreas, served as General Manager of BAMIN, seconded by Arsago Capital Partners and appointed by an Indian private equity investor to oversee early-stage project development.

Private Investor:

• 100% Indian Private Equity Firm; backed by US prime Investment Bank (after 3 years of early-stage project development)

Client & Offtake:

Today, Eurasian Resources Group (ERG)

EBP Managing Partner, appointed by an Asian commodity-focused venture capital firm as General Manager, led the early-stage development of BAMIN, transforming a portfolio of high-grade mining concessions into what, ten years later, became Brazil's third-largest iron ore producer.

As General Manager, he structured and negotiated the joint venture with the local mining technical specialist team, navigated complex mining legislation, and deployed US$30 million in development capital, increasing the project valuation to US$200 million within 18 months and delivering a high single-digit MOIC for the founding venture capital investor.

The asset was subsequently acquired by Eurasian Resources Group (ENRC), which invested several billion US dollars in large-scale mine development and operations.