Exhilway Global Closes $200M Mines And Minerals Fund

Law360, New York (November 20, 2013, 3:20 PM EST) -- Private equity firm Exhilway Global closed out its first mines and minerals fund at $200 million, planning to buy and operate coal and iron mines in Turkey, Kazakhstan and Indonesia, the company said Wednesday.

The fund is currently shortlisting mining company partners, with whom it will make the acquisitions. Exhilway also said that it plans to launch a much bigger, $2 billion emerging market equity fund next month. Additionally, the company wants to raise another $500 million for future investments in Peru and Ukraine, but it...
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