Red Kite founder Lewnowski spins off $1.14B mining fund

Sep 20, 2013 | 01:33 PM | Mark Burton

Tags  Red Kite, RK Mine Finance Fund, Oskar Lewnowski, Orion Mine Finance Fund, Nevada Copper Corp., Royal Nickel Corp., Mark Burton

LONDON — Oskar Lewnowski, a founding partner of Red Kite Group, has spun off one of the trader and hedge fund’s two mine finance vehicles and resigned from the company.

Following a mutual management decision to separate the mine finance business, Lewnowski and a team of former Red Kite partners will run the $1.14-billion RK Mine Finance Fund II as the Orion Mine Finance Fund I.

The RK Mine Finance Fund I will continue to be managed by David Lilley, Michael Farmer and Harry Tefoglou, while Grant Gilmour and Paul Coughlan will join the fund’s investment committee, a Red Kite spokesman said.....

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