LionGold partners new PE fund

LIONGOLD Corp, together with a subsidiary of associated firm ISR Capital and Chinese firm Suzhou Power, is partnering a new private equity (PE) fund that invests in natural resources.

The fund, IPR LP, is structured as a second part of an existing fund, Infiniti Premium Resources, under Infiniti Asset Management. The fund hopes to achieve medium to long-term capital appreciation through direct investments in mining projects, together with related energy and power investments.

As the manager of the fund, Infiniti will have overall responsibility, subject to the supervision of the general partner, IPR Fund Ltd.