Natural Resources Investors in North America

Forum Capital Partners is a leading independent placement agent and fundraising advisor that partners with both established and emerging private investment managers. The firm specializes in assisting these managers to diversify and enhance their investor base by raising institutional capital across a global spectrum. Their services encompass comprehensive fund advisory and placement for primary, direct, and secondary mandates, covering a wide array of private investment strategies.Founded in 2001 by Jeffrey Stern and Robert Schwabe, Forum Capital Partners was established as the successor to the private equity business they previously built and managed at CIBC Oppenheimer and its predecessor firm. Stern and Schwabe have a long-standing partnership, having worked together since 1994. Over their careers, they have collectively raised more than $11 billion in institutional capital for various private investment funds, direct private equity deals, and secondary transactions globally.As a placement agent, Forum Capital Partners primarily facilitates capital raising for other fund managers rather than directly managing a portfolio of companies. However, they do advise on direct and co-investment opportunities. The firm's focus areas for fundraising include buyout, growth equity, real estate, infrastructure, natural resources, and secondary strategies. Forum Capital Securities, LLC, an affiliate, is a registered Broker-Dealer and a member of FINRA and SIPC, underscoring their regulated and professional approach to financial services.The leadership team, comprising managing partners Jeffrey Stern and Robert Schwabe, brings extensive experience to the firm. Mr. Stern has over 40 years of experience in the financial services industry, previously heading the Private Equity Group at CIBC Oppenheimer. Mr. Schwabe also has over 35 years of experience, having served as Managing Director of the Private Equity Group at CIBC Oppenheimer. Their combined expertise and long history in the industry are central to the firm's advisory and fundraising capabilities.

Global Income Capital Management is an owner-operated single-family office established in 2004, with a strong track record spanning over two decades in asset management, private equity, real estate, and agriculture on a global scale. The firm's core objective is to achieve long-term capital appreciation while placing a significant emphasis on capital preservation. They maintain an agile portfolio management approach, allowing them to adapt to macroeconomic shifts and thematic trends by adjusting their exposure across various asset classes as needed. Guided by principles of diligence, adaptability, and independence, Global Income Capital Management has consistently delivered stable results across diverse market environments since its inception.The firm's investment strategy is structured around three core verticals: asset management, private equity, and real assets, which encompass both real estate and agriculture. Through Waterside Asset Management, they employ a disciplined, value-oriented approach to global markets, focusing on high-quality, undervalued companies and incorporating tactical long/short strategies. Their Real Assets vertical leverages deep sector expertise to identify long-term opportunities in tangible assets like real estate and agriculture, providing diversification and stability while aligning with a commitment to sustainable asset classes.In private equity, Global Income Capital Management invests globally through select funds and directly via Growth Partners Capital, their Iberian-focused investment firm. This arm specifically targets proven companies with strong leadership and clear pathways to scalable, profitable growth within Portugal and Spain, aiming to generate financial returns alongside broader economic and social impact. The firm's international, multidisciplinary team supports its operations across key locations including Lisbon, Gothenburg, Madrid, Luxembourg, London, and New York.

Inter-M Traders is a private equity firm and strategic advisor with over three decades of experience in the financial sector. The firm focuses on creating exceptional value through strategic transformation and sustainable growth, partnering with companies to unlock their potential, modernize operations, and achieve long-term stability in competitive markets. Their services encompass operational optimization, strategic advisory, corporate structuring, and digital identity and brand reinvention. They are active investors and advisors in private equity transactions, having completed over 300 acquisitions and investments to date across various high-value industries.The firm was founded in 1992 and is led by Demetri Michalakis, who serves as the Chairman and Chief Executive Officer of the Inter-M Traders Group of Companies. Under his leadership, the group manages assets in the tens of billions of USD, driving excellence in wealth management, private equity, and advisory services. Michalakis's extensive experience spans commodity trading, money management, and company building, with a focus on pioneering digital transformation ventures and maintaining strong footholds in established sectors.Inter-M Traders has a broad investment focus, including sectors such as energy, technology, maritime, healthcare, telecommunications, fintech, medical, logistics, and payments. They also actively support startups, such as Dravanti Group, in their digital transformation journeys, and work with global enterprises like MBME. The firm's investment strategy includes pre-seed stage ventures with an investment range typically between $1 million and $100 million, demonstrating a commitment to fueling visionaries with strategy, capital, and momentum.The team at Inter-M Traders comprises 11 members, including 4 partners, with key individuals like Demetri Michalakis, Ziad K Abdelnour, Jonathan Kalu, and Stathis Galazis. Their collective expertise allows them to design tailored solutions for complex financial and business challenges, operating across multiple international markets including Europe, the Middle East, and North America. The firm emphasizes integrity, strategic vision, a partnership mindset, and continuous innovation to meet dynamic global market and client needs.

Island Capital Funds operates as a single family office, established in 2002 by Jay Senerchia. The firm engages in both public and private investment activities, with a particular focus on forming and managing partnerships dedicated to institutional-quality private alternative-asset vehicles. Since 2015, Mr. Senerchia has exclusively overseen investments on behalf of Island Capital Funds, demonstrating a hands-on approach to the firm's portfolio management.The firm's investment strategy is rooted in diversifying portfolios through alternative assets, a principle Jay Senerchia championed during his tenure as a founding principal of MDT Advisers. These alternative asset classes, which include private equity, real estate, oil and gas, hedge funds, and timberland, are chosen for their uncorrelated return streams compared to traditional stocks and bonds. This approach reflects a sophisticated understanding of market dynamics and a commitment to robust, diversified investment strategies.Island Capital Funds has made investments across various industries, including entertainment software, business/productivity software, and building products. Notable portfolio companies mentioned in public records include Unchained Entertainment, Prasaga, and Ootbox. The firm's real estate activities encompass acquisitions of single-family and multi-family residential properties, as well as medical offices, and significant investments in timberland in the northeastern United States. Jay Senerchia's expertise also extends to specialized areas such as litigation finance, search funds, and brownfield real estate.Jay Senerchia, the driving force behind Island Capital Funds, brings a wealth of experience to the firm. Prior to establishing Island Capital in 2002, he was a founding principal of MDT Advisers, where he managed the $1 billion corporate pension fund for Arthur D. Little Inc. His career also includes experience as an Investment Officer for ADL's pension fund and as a Certified Public Accountant at Price Waterhouse Coopers, working with clients in technology, banking, and mutual fund industries. Mr. Senerchia is a magna cum laude graduate of Boston University and was a member of the National Venture Capital Association from 1986 to 1998.

Juniper Capital is a Houston-based energy investment firm specializing in providing private equity capital to middle-market oil and gas companies. The firm focuses on demonstrating the value and productive potential of oil and gas properties, primarily within the continental United States. With approximately $1.7 billion of cumulative equity commitments as of March 2026, Juniper Capital actively seeks opportunities in the energy sector.Juniper Capital Advisors, L.P. was incorporated in 2003, with Richard Gordon founding Juniper I in the same year. The firm has since grown, with its leadership involved in the formation and investment activities of subsequent funds, including Juniper II, Juniper III, and Juniper IV.Juniper Capital's investment portfolio includes companies across various basins. Current investments feature High Noon Resources and Forge Energy III in the Permian Basin, and Pedevco Corp. in both the Powder River Basin and DJ Basin. Partially realized investments include 1920 Energy and DGP Energy, while realized investments encompass Pecos River Exploration, Grey Wolf Oil & Gas, Diversified Minerals Company, and Rocky Creek Resources.The firm's leadership team brings extensive experience from diverse backgrounds in the energy industry. Edward Geiser, Managing Partner and Head of the Investment Committee, previously served as a Managing Director at Och-Ziff, focusing on private energy investments, and worked in investment banking at Merrill Lynch and Morgan Stanley. Josh Schmidt, Partner and Chief Operating Officer, has over 15 years of energy industry experience, including roles as a portfolio manager at Whiteside Energy and a natural gas and electricity trader at Citigroup Energy. Kevin Cumming, Partner, co-founded Expedition Water Solutions and held positions at Select Energy Services and White Deer Energy. Tim Gray, Partner, General Counsel & Chief Compliance Officer, has over 20 years of transactional legal experience, including eight years at Och-Ziff. Richard Gordon, Senior Advisor, founded Juniper I in 2003.

Lombard Odier is an independent Swiss banking group with a rich history dating back to 1796. The firm operates as a global wealth and asset manager, serving both private and institutional clients. Their core offerings encompass private banking, comprehensive wealth management, and sophisticated asset management solutions. A distinctive aspect of Lombard Odier's approach is its strong emphasis on sustainable investing, aiming to align client objectives with positive environmental and social outcomes.Founded in Geneva, Switzerland, Lombard Odier has maintained its independence through a unique partnership model, where the firm is wholly owned and managed by its Senior Managing Partners. This structure fosters a long-term perspective and a client-centric approach, allowing for stability and continuity across generations. The firm has consistently evolved, integrating cutting-edge banking technology not only for its own operations but also offering these solutions to other financial institutions.While Lombard Odier focuses on a broad range of traditional and alternative investments, specific notable investments or portfolio companies are not publicly highlighted in the provided information, as their primary business revolves around managing client wealth and assets rather than direct venture capital investments in specific startups. Their investment strategies span various asset classes, including private equity, real estate, infrastructure, and natural resources, often with a sustainable lens.The team at Lombard Odier comprises experienced professionals across wealth management, asset management, and technology. The firm emphasizes a culture of excellence, innovation, respect, integrity, and teamwork. With a global presence across more than 25 offices in 19 jurisdictions, their experts provide local expertise combined with an international outlook, ensuring tailored solutions and a deep understanding of diverse market dynamics for their discerning clientele.

The Paspaley Group is a prominent Australian family-owned and operated company with a rich heritage spanning over 80 years and three generations. While globally recognized as pioneers in the Australian South Sea pearling industry, the firm has significantly diversified its interests over the decades. Today, Paspaley Group operates as a multifaceted enterprise with a broad investment focus across various sectors, demonstrating a strategic approach to long-term asset management and growth.Founded in 1935 by Nicholas Paspaley Sr., the company initially focused on the collection of mother-of-pearl shells. Nicholas Paspaley Sr. was instrumental in revolutionizing the Australian South Sea pearl industry, leading to the cultivation of high-quality cultured pearls. The Paspaley family, having migrated from Greece to Australia in 1919, built their empire from an adventurous spirit and a deep understanding of the sea's treasures. The firm's diverse portfolio includes substantial holdings in pearling, which, despite diversification, remains a core focus, accounting for less than forty percent of the Group's turnover.Beyond its origins, Paspaley Group has made notable investments in retail, particularly in luxury pearl boutiques, and a significant property portfolio that includes commercial developments like the Charles Darwin Centre in Australia and the luxury Wall Street Hotel in New York, USA. Their interests also extend to aviation through AeroPearl, extensive pastoral holdings in Australian agriculture encompassing mixed cropping, wine grapes, and livestock, and marine engineering. As a family office, the Paspaley Family also engages in venture capital, with a reported interest in seed and early-stage investments, typically ranging from $1 million to $50 million per deal. The firm also has a co-ownership in the Wickham Point Immigration Detention Centre.The Paspaley Group's team expertise is deeply rooted in its family leadership, with key family members holding executive and directorial roles across its various divisions. The Board of Directors is entirely comprised of family members, including the children and grandchildren of the founder, with Nicholas Paspaley Jr. serving as the Executive Chairman. This structure ensures a continuity of the founding philosophy of excellence and a long-term vision for its diverse investments. Key team members include Marilynne Paspaley (Co-Owner), James Paspaley (Executive Director, Pearls, and Co-Owner), Chris Paspaley (Director of Merchandise and Co-Owner), Peter Bracher (Executive Director), Michael Bracher (Executive Director), and Christine Salter (Creative Director).

Planet Ventures is a public investment issuer specializing in early-stage investments across multiple sectors, including natural resources, e-gaming, energy, and artificial intelligence. The company aims to capitalize on market and industry trends to create substantial value for its shareholders by leveraging its expertise and experience globally. The firm’s investment strategy focuses on acquiring positions in a diversified portfolio of companies primarily across North America. Planet Ventures actively manages its investments, often participating at board or advisory levels to drive growth and innovation within its portfolio. Founded in 1996 and headquartered in Vancouver, Canada, Planet Ventures invests in both public and private companies through equity and debt instruments. The company targets disruptive and emerging growth industries, including blockchain, cryptocurrencies, fantasy and sports betting markets, as well as undervalued resource projects in precious metals, uranium, coal, oil and gas, base metals, potash, lithium, and rare earth sectors.

Snead & Stoffel Global Family Office (SSGFO) is an independent, family-owned investment and advisory firm established in 2012. The firm operates as a single family office, dedicated to investing in individuals, innovative concepts, and organizations that aim to generate both local and global impact. SSGFO's core mission revolves around assisting clients in building, managing, and preserving their wealth across multiple generations, offering comprehensive family office services and tailored investment guidance. They also provide innovative programs designed to offer forward-thinking solutions to their clients.The firm strategically focuses its investments across four primary sectors: Energy, AgTech, Technology, and Finance. In the Energy sector, SSGFO targets mineral rights in oil and gas, working interest investments, and alternative energy technologies. Their AgTech investments concentrate on agricultural technology, including livestock identification and tracking, data science applications, and software development. Within the Technology sector, the firm explores opportunities in Virtual and Augmented Reality, IoT, Cloud Infrastructure, Software as a Service (SaaS), Apps, Blockchain, Machine Learning, and Artificial Intelligence. For the Finance sector, SSGFO primarily targets Angel and Venture Capital investments, with additional focus on FinTech, Cryptocurrency, Algo Trading, Hedge Funds, and Securities. The firm has a history of investing in startups, Series A rounds, and established entities, and also utilizes multi-manager portfolios encompassing trend following, volatility, and market-neutral strategies.The leadership team includes Summer Stoffel, Chief Strategy Officer, who is also the Founder and CEO of Equicore, an international IT company specializing in AgTech and Data Science. Sterling Snead serves as the Chief Planning Specialist, bringing expertise as a Data Scientist and Investor. Sterling is also the principal of Snead & Stoffel Global Family Office and the founder and CEO of The Self Research Institute. The firm's origins are rooted in a family business focused on data science, initially within the energy sector, which later expanded into agriculture. This background underscores their deep understanding and application of data science across various industries.SSGFO's portfolio includes investments in companies such as Trakal, which was recognized on Bloomberg's List of Best Spirits of 2020. Other notable investments, as reported by PitchBook, include Amelia's (Restaurants and Bars), Enerlex, Silver Creek International, and Sustainable Market. The firm emphasizes active ownership and partnership with management teams, providing strategic guidance, operational insights, and industry expertise to enhance the value of their portfolio companies.

Stafford Capital Partners, founded in 2000, is an independent international private markets investment and advisory firm specializing in sustainable investments across timberland, infrastructure, agriculture, private equity, and private credit. The firm operates from multiple offices globally, including locations in Austin, London, Sydney, and Zurich, and focuses on managing and advising capital for institutional investors worldwide. With a commitment to responsible investing, Stafford emphasizes the integration of environmental protection, human rights, and governance within its investment strategies. As a signatory to the UN Principles for Responsible Investment, the firm targets long-term value creation while positively contributing to the communities and environments in which it invests. Stafford offers a range of investment strategies including co-mingled funds, separately managed accounts, secondaries, and co-investments. Its expertise spans various sectors such as timberland, agriculture, infrastructure, and private equity, focusing on niche opportunities to further sustainable growth. The firm manages approximately USD 1.8 billion in assets, contributing to their strong backing from limited partners globally. Stafford Capital Partners is dedicated to the principles of sustainable investing, positioning itself to capitalize on the growing demand for investments that deliver both financial and social returns.

Founded in 1983 by Terry Ahern and Kevin Lynch, The Townsend Group is a global investment advisory firm specializing in real assets. With a focus on real estate, infrastructure, timberland, and agriculture, Townsend provides customized investment solutions to institutional clients worldwide. Employing a multi-manager, open-architecture approach, Townsend collaborates with quality investment managers to build durable strategies across various risk profiles and geographies. Their expertise encompasses core, non-core, global, regional, and specialized investments, delivering stable cash flows and growth potential. Headquartered in Cleveland, Ohio, with offices in San Francisco, London, and Hong Kong, Townsend's global presence enables them to offer comprehensive advisory services. As of September 30, 2023, they managed approximately $22.1 billion in assets and advised on over $196.2 billion in real estate and real asset allocations.

Zenith Capital Partners is a boutique private equity firm that focuses on accelerating growth and building value within early and growth stage companies. The firm primarily invests in the energy, commodities, and transportation sectors. They combine the capital raising and mergers and acquisitions advisory services of an investment bank with the ability to invest like a private equity fund in client companies.Zenith Capital Partners was founded in 2015. Dean R. Fezza is the President and Co-founder of Zenith Capital Partners LLC. Jeffrey R. Armstrong serves as the Chairman. The firm aims to drive top-line growth and create value for its portfolio companies, with a particular interest in companies leading the clean energy transition and sustainability efforts.The firm's portfolio includes investments such as 562 Gathering, a crude gathering and marketing operation in California (2025), Core Group Resources, a maritime services and consulting company (2025), and Arcos Partners, which focuses on tallow feedstock aggregation in Latin America for U.S. renewable fuel production (2024). A notable realized investment is Sage Energy Holdings (2016), a brokerage firm specializing in liquid petroleum-based commodities, renewables environmental products, and energy, which exited via a strategic public buyer in 2024. Zenith Capital Partners also invested in a wholly owned subsidiary of Mjølner Shipping, providing cargo finance, insurance, and hedging solutions.The team brings extensive industry expertise. Jeffrey R. Armstrong is the founder and CEO of Zenith Energy, a midstream terminal company with operations in North America, South America, and Europe. He previously held various positions at Kinder Morgan Inc., including Vice President of Corporate Strategy and President of the Terminals division. Dean R. Fezza's background includes senior roles at HSH Nordbank in Shipping & Offshore, J.P. Morgan's Corporate & Investment Bank, and management consulting at Booz Allen Hamilton in Logistics & Supply Chain Management.