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Tembo Capital gathers $380m for third mining fund: WSJ

London-based Tembo Capital Management has raised $380 million for its third mining fund, beating its $300 million target, reported the Wall Street Journal.

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London-based Tembo Capital Management has raised $380 million for its third mining fund, beating its $300 million target, reported the Wall Street Journal. The news outlet noted that this fund “is more than twice the $175 million the firm secured for a predecessor fund in 2017.”

Source: WSJ