Who is Peter Grosskopf?
Peter Grosskopf is a well-known figure in the mining industry, with over 35 years of experience in the financial services sector. He is the former chief executive officer of Sprott Inc., a leading alternative asset manager that specializes in precious metals and natural resources investments. He led the company’s growth from $5 billion to more than $20 billion of assets under management from 2010 to 2022.
Prior to joining Sprott, Peter was the president of Cormark Securities, a leading independent investment dealer. He also co-founded Newcrest Capital, a boutique investment bank that was acquired by TD Bank Financial Group in 2000. Peter is a CFA® Charterholder and earned an Honours Degree in Business Administration and a Masters of Business Administration from the Richard Ivey School of Business at the University of Western Ontario.
Who is Peter Grosskopf’s son?
Peter Grosskopf’s son is Harry Lundin, a rising star in the mining world. Harry is the grandson of the late Swedish-Canadian mining tycoon Lukas Henrik Lundin, who founded a global commodities empire that includes metals, diamond and oil firms. Harry’s father, Lukas Lundin, was the chairman and CEO of Lundin Mining Corp., a major copper and zinc producer, until his death in 2022.
Harry is following in his family’s footsteps, as he is the leader of a group of investors that is seeking to raise $500 million for a fund that will invest in mining projects. The fund, called Nordic Natural Resources Capital LP, will take “sponsorship” stakes and invest in convertible debt for mining companies at development or construction phases of their projects. The fund will focus on precious metals and energy transition metals, such as copper, nickel and cobalt, that are essential for the green economy
Harry is joined by Peter Grosskopf, who is the chief executive officer of SCP Resource Finance, the parent company of Nordic. Peter will leverage his expertise and network in the mining sector to help the fund identify and support promising projects. The fund is expected to launch this year and has already attracted interest from institutional investors and family offices.
Why is Peter Grosskopf’s son important?
Peter Grosskopf’s son is important because he represents the next generation of mining magnates, who are poised to shape the future of the industry. Harry has inherited his family’s entrepreneurial spirit and vision, as well as his father’s financial acumen and leadership skills. He is also passionate about the environmental and social impact of mining, and is committed to investing in sustainable and responsible projects.
Harry’s fund, Nordic, is also important because it aims to inject capital into an area of the mining industry where funding is often scarce and risky. Junior miners typically struggle to raise money to build mines out of mineral discoveries, risking the viability of the project and stretching the time it takes to reach production. By providing financing and guidance, Nordic hopes to bridge the gap between exploration and production, and to unlock the value of untapped resources.
Peter Grosskopf’s son is a young and ambitious leader, who has the potential to make a significant contribution to the mining industry and the global economy. He is one of the few who can claim to have mining in his blood, and he is ready to take on the challenges and opportunities that lie ahead.