Resource Capital Funds is a mining-focused private equity firm that works closely with its portfolio companies to build strong, successful and sustainable businesses that produce superior returns to all shareholders.
Partners
  • James McClements
    James McClements

    James McClements

    Managing Partner, Member of the Investment Committee

    Mr. McClements co-founded Resource Capital Funds in 1998 and oversees all aspects of the management of RCF.  Prior to launching RCF he was a natural resources sector banker with N.M. Rothschild in Australia and the U.S., and with Standard Chartered Bank. He began his professional career with BHP Limited. He is an honors graduate in Economics from the University of Western Australia.

    Mr. McClements serves on the Board of Directors of the following portfolio companies:

    • Murchison Metals Limited
    • QMAG Limited (Chairman)
    • Global Advanced Metals Pty Ltd (Chairman)
     

  • Ryan T Bennett
    Ryan Bennett

    Ryan Bennett

    Senior Partner, Member of the Investment Committee

    Mr. Bennett holds a Masters degree in Mining Engineering from the Colorado School of Mines and an undergraduate degree in Geological Engineering and Mathematics from the University of Wisconsin. He has been with RCF since its inception, prior to which his experience included technical analyses of mining projects with N.M. Rothschild and assignments with Caterpillar, Inc. and the U.S. Bureau of Mines. At RCF, he currently serves as the Head of the Denver Office.

    Mr. Bennett serves on the Board of Directors of the following portfolio companies:

    • Avanti Mining Inc.
    • Connors Drilling
    • Forbes & Manhattan Coal Corp.
    • NYCO Minerals Inc.
     

  • Henderson G Tuten
    Henderson Tuten

    Henderson Tuten

    Partner, Member of the Investment Committee

    Mr. Tuten co-founded RCF in 1998 after many years leading Rothschild Australia Limited, Rothschild North America, Inc. and Continuation Investments N.V., the private equity arm of the Rothschild Group. He also founded the ECentury Capital Fund and the Emerging Markets Gold Fund. Hank has an Economics degree from the University of Virginia.

  • Ross R Bhappu
    Ross Bhappu

    Ross Bhappu

    Partner, Member of the Investment Committee

    Mr. Bhappu holds a Ph.D. in Mineral Economics from the Colorado School of Mines and B.S. and M.S. degrees in Metallurgical Engineering from the University of Arizona. Prior to joining RCF in 2001 he was the president of a development-stage copper company, director of business development at Newmont Mining Corporation and served in various technical and financial roles at Cyprus Minerals Company.

    Mr. Bhappu serves on the Board of Directors of the following portfolio companies:

    • Ambre Energy Limited
    • EMED Mining Public Limited
    • Molycorp, Inc. (Chairman)
    • Traxys S.A.
     

  • Russ Cranswick
    Russ Cranswick

    Russ Cranswick

    Partner, Member of the Investment Committee

    Mr. Cranswick joined RCF in 2000 after serving as a mining industry equity analyst for Canadian retail and institutional brokerage firms and eight years as a mineral exploration geologist for a number of major international mining companies, the bulk of which was with Kennecott Canada Inc. and Freeport McMoRan Gold Company. He is a Professional Geologist and holds a B.Sc. degree in Geology from the University of British Columbia.  

    Mr. Cranswick serves on the Board of Directors of the following portfolio companies:

    • Coastal Ventures A/S
    • First Nickel Inc.
    • Selwyn Resources Ltd.
     

  • Peter B Nicholson
    Peter Nicholson

    Peter Nicholson

    Partner

    Mr. Nicholson graduated from the University of Queensland with a B.Eng (Mining) and is a Fellow of FINSIA, after completing a graduate Diploma in Applied Finance and Investment. Prior to joining RCF in 2003, he gained technical experience in mine production, planning and management with LionOre Australia (Nickel) and WMC Resources.

    Mr. Nicholson serves on the Board of Directors of the following portfolio companies:

    • Cape Alumina Ltd.
    • Global Advanced Metals Pty Ltd
     

  • Mason G Hills
    Mason Hills

    Mason Hills

    Partner

    Mr. Hills has advised Resource Capital Funds since 2001, and joined in an in-house capacity in 2006. Prior to joining RCF, he practiced as a commercial lawyer, specializing in corporate and finance law in the resources sector. He has a B.Ec. degree from the University of Western Australia and a graduate LL.B (First Class Honors) from Murdoch University.

    Mr. Hills serves on the Board of Directors of the following portfolio companies:

    • Ausdrill Ltd.
    • CDU Pty. Ltd. and Tarn Drilling Australia (subsidiaries of Tarn Drilling Company).
    • Talison Lithium Limited
    • Bannerman Resource Limited

Senior Management
  • Sherri A Croasdale
    Sherri Croasdale

    Sherri Croasdale

    Chief Financial Officer

    Ms. Croasdale formally joined Resource Capital Funds in 2006 but has worked with RCF since its inception. She supported RCF as a Principal of Eastpointe Management LLC, a firm that provided outsourced accounting and administrative services to private equity funds, from 2001 to 2005, and as Director of Fund Administration at Rothschild North America and Continuation Investments N.V. from 1988 to 2001. Prior to joining Rothschild, Ms. Croasdale was with Deloitte & Touche LLP for several years. She holds a B.S. degree in accounting from the State University of New York at Binghamton and is a Certified Public Accountant.

  • Catherine J. Boggs
    Catherine Boggs

    Catherine Boggs

    General Counsel

    Ms. Boggs joined RCF in January 2011, after having served as Sr. Vice President, Corporate Affairs at Barrick Gold Corporation. Prior to joining Barrick in 2005, Cassie was an international partner at the law firm of Baker & McKenzie, having practiced in its Chicago, San Francisco, Almaty and Jakarta offices. Her professional career has focused on the natural resources sector. She has undergraduate and law degrees from the University of Denver and a Masters degree from Michigan State University.

    Ms. Boggs serves on the Board of Directors of the portfolio company, A.I.D.D. LLC

  • David Thomas
    David Thomas

    David Thomas

    Managing Director

    Mr. Thomas joined RCF in 2010 following an investment banking career that included positions as a mining equity analyst and as a specialty mining salesperson serving institutional clients. Prior to this he was an exploration geologist for Inmet Mining. He is a Professional Geoscientist and holds a B.Sc. in Earth Sciences from the University of Waterloo and a M.Sc. from Queen's University.

  • Michael Rowe
    Michael Rowe

    Michael Rowe

    HR Business Director

    Mr. Rowe joined Resource Capital Funds in 2010 after 22 years with the Royal Dutch Shell Group. During his time with Shell he worked in Human Resources, and in Commercial, Governance and M&A roles in the UK, Netherlands, China, Singapore and Australia. He has a strong external focus advising RCF portfolio companies and leading HR aspects of strategic investments. Michael commenced his career working in industrial relations at Australian mine site operations. He is a graduate in Arts (Industrial Relations & Political Science) from the University of New South Wales, and a Fellow of the Australian HR Institute.

Investment Professionals
  • Quinn Roussel
    Quinn Roussel

    Quinn Roussel

    Principal

    Mr. Roussel joined Resource Capital Funds in 2006 after serving as Director of Business Development at one of RCF's portfolio companies in China. Prior to that he worked as an engineer in both the mining and oil & gas industries. He holds MBA degrees from the University of South Carolina and Wirtschafts Universitat-Wien as well as a B.S. in Mining Engineering from Colorado School of Mines.

    Mr. Roussel serves on the Board of Directors of following portfolio companies:

    • Ambre Energy Limited
    • Coastal Ventures A/S
    • Finders Resources Limited
    • Malaga Inc.

     

  • Jasper Bertisen
    Jasper Bertisen

    Jasper Bertisen

    Principal

    Mr. Bertisen graduated with a M.Sc. degree in Mineral Economics from the Colorado School of Mines and a M.Sc. degree in Mining Engineering from Delft University of Technology. Prior to joining Resource Capital Funds in 2004, he completed traineeships in Germany, Finland, Chile and Australia in a number of open pit and underground mining operations. In 2005, Mr. Bertisen worked full time with one of RCF's portfolio companies with base metal operations in Portugal.

    Mr. Bertisen serves on the Board of Directors of the portfolio company, AQM Copper Inc.

  • Raul H Borrastero
    Raul Borrastero

    Raul Borrastero

    Vice President, Technical Services

    Mr. Borrastero joined Resource Capital Funds in 2006 after three years as Senior Geologist with the Denver-based consulting firm of Pincock Allen & Holt, where he provided computerized resource/reserve estimation and project management for due diligence and feasibility studies. From 1996 - 2002, he held a position as Senior Geologist with one of the leading mining software developers and from 1990 - 1996 with MK Gold Company at gold mines in the southwestern United States. Prior to this, Mr. Borrastero began his career as Mine Geologist at underground mines in the central Peruvian Andes. He is a Certified Professional Geologist and holds a M.Sc. degree in Economic Geology from the University of Montana and a Geologist degree from the National University of Cordoba, Argentina.

  • Jan P de Visser
    Jan de Visser

    Jan de Visser

    Manager, Technical Services

    Mr. De Visser graduated with a Ph.D. degree in Geology from Utrecht University - Faculty of Geosciences in 1991. Prior to joining Resource Capital Funds in 2009, he was Geology-Resource consultant for a number of major mining consultancy firms in Perth over a period of 15 years. In 2008 he worked full time with a uranium exploration and development junior company. He also has previous experience in gold exploration and mining with Newmont Mining and Newcrest Mining.

  • Aaron McMahon
    Aaron McMahon

    Aaron McMahon

    Manager, Technical Services

    Mr. McMahon joined Resource Capital Funds in October 2011.  He spent the previous six years as a senior geologist with the consulting firm Pincock, Allen & Holt in their Denver and Santiago offices.  During this time, his responsibilities included JORC/NI 43-101 compliant resource estimation, reserve audits and technical due diligence for a wide range of metal and non-metal projects.  From 2001 to 2006, he worked as a geologist for Oglebay Norton where he focused on exploration, resource estimation and ore control for several industrial minerals properties in the USA.   He holds a Bachelor of Science degree in Geology from James Madison University and a Master of Science degree from Arizona State University.  Mr. McMahon is a registered geologist with the State of California.

  • Chris Corbett
    Chris Corbett

    Chris Corbett

    Senior Associate

    Mr. Corbett joined Resource Capital Funds in 2008 after working as a financial analyst and commercial manager within the business development department at Wesfarmers Limited. Prior to this he worked as an engineer for Byrnecut Mining Pty Ltd where he gained technical experience in shaft sinking and equipping and underground mine development and production. Mr. Corbett has a B.Eng. (Mech, First Class Honors) and a B.Comm. from the University of Western Australia, Grad. Dip. in Mining from the Western Australian School of Mines and a Grad. Dip. in Applied Finance and Investment from FINSIA.

    Mr. Corbett serves on the Board of Directors of portfolio company, Wolf Minerals Limited.

  • Sean Keenan
    Sean Keenan

    Sean Keenan

    Associate

    Mr. Keenan joined Resource Capital Funds in 2006. Prior to joining, he worked with BMO Capital Markets' mining advisory group in Toronto and its precious metals equity research group in New York City. He also has technical experience as a mine geologist in Western Australia. He has a BSc (hons) degree majoring in geology from the University of Western Australia and an MSc in Mineral Project Appraisal from the Imperial College of Science, Technology and Medicine.

  • Josh Parrill
    Josh Parrill

    Josh Parrill

    Associate

    Mr. Parrill joined Resource Capital Funds in 2008 following completion of a M.S. degree in Mineral Economics from Colorado School of Mines. Prior to joining RCF, Mr. Parrill held positions within both engineering and operations at Lafarge North America and was an engineer on a tunnel boring project in southern California. He also holds a B.S. degree in Engineering from Colorado School of Mines.

    Mr. Parrill serves on the Board of Directors of the portfolio company, A.I.D.D. LLC.

  • John Pfahl
    John Pfahl

    John Pfahl

    Associate

    Prior to joining Resource Capital Funds in 2008, Mr. Pfahl worked as an engineer in the environmental sector performing tasks related to remedial design, environmental assessments and litigation support for mining companies with historic environmental liabilities. He holds a Bachelor of Science degree in Civil Engineering and a Master of Science degree in Mining Engineering from the Colorado School of Mines.

  • Paul Carrelo
    Paul Carrelo

    Paul Carrelo

    Analyst

    Mr. Carrelo joined Resource Capital Funds in 2008 having worked as an Analyst within the Natural Resources Team of Lehman Brothers Investment Banking Division, London. Mr. Carrelo has previously worked as a Mining Analyst for Liberum Capital and as a Consultant for the European Bank for Reconstruction and Development (EBRD). He holds a First Class BA. Honors degree in Economics from Durham University (UK) and a MSc. degree in Metals & Energy Finance from Imperial College London.

  • Brett Beatty
    Brett Beatty

    Brett Beatty

    Analyst

    Mr. Beatty joined Resource Capital Funds in 2009 having worked as a Mining Engineer for Mincor Resources and Allegiance Mining for the previous 6 years. Mr Beatty's fields of experience include production, planning, mine design, geotechnical and mine site management in predominately development stage underground base metals operations across Australia. He holds a BEng(Mining Engineering) degree and a BCom(Finance) degree with Honors from Curtin University in Western Australia. Mr Beatty also holds a Western Australia First Class Mine Manager's Certificate.

  • Justin Anderson
    Justin Anderson

    Justin Anderson

    Analyst

    Mr. Anderson joined Resource Capital Funds in 2010 having previously worked as a mining engineer for URS in support of their contract mining operations. Mr. Anderson also has engineering consulting experience in both metal and coal mining with Marston & Marston. He is a registered Professional Engineer in Colorado and has a M.S. in Mineral Economics and a B.S. in Mining Engineering both from the Colorado School of Mines.

  • Craig Hairfield
    Craig Hairfield

    Craig Hairfield

    Analyst

    Mr. Hairfield joined Resource Capital Funds in 2011 having previously worked as a mining engineer for Marshall Miller & Associates, serving as a consultant primarily to the coal mining industry. Mr. Hairfield also worked with MVS as a ventilation engineering consultant, working internationally with underground operations using a variety of mining methods and producing various commodities. Mr. Hairfield has past internship experience in mineral sands, aggregate and open pit copper mining. He is a registered Professional Engineer in Virginia and holds a M.B.A. from the College of William & Mary and a B.S. in Mining and Minerals Engineering from Virginia Tech.

  • Laura Moss
    Laura Moss

    Laura Moss

    Analyst

    Prior to joining RCF in 2011, Ms. Moss worked for BHP Billiton Nickel West as a Mining Engineer where she gained practical and technical experience in the areas of production, drill and blast and geotechnical engineering. She also has past experience in the areas of mine planning and mine waste-rock dump optimization. Ms Moss holds a BEng. (Mining Engineering) with Honors from the University of Western Australia and is a member of The Australasian Institute of Mining and Metallurgy (AusIMM).

  • Ryan R Coffey
    Ryan Coffey

    Ryan Coffey

    Head Trader

    Mr. Coffey joined RCF Management LLC in February 2008 in order to act as the trader and risk manager for Dampier Master Fund Ltd. Mr. Coffey worked for Gyre Capital Management LLC as head trader and assistant portfolio manager for the Gyre Commodities Alpha Fund before moving over to RCF. Prior to Gyre Capital, he was Vice President and Head of Trading for Hedge Fund Solutions. Mr. Coffey holds a B.A. in History and Public Health from Rutgers University. Previously securities licensed Series 3, Series 4, Series 7, Series 24 and Series 55 from the Financial Industry Regulatory Authority.

  • Michael A Price
    Michael Price

    Michael Price

    London Representative

    Dr. Price joined RCF in 2006 following a long career in mining and investment banking. Michael has BSc and Phd qualifications in mining engineering and a Mine Manager's Certificate of Competency. He worked as a mining engineer for British Coal, BP Coal and BP Minerals before joining NM Rothschild & Sons Ltd in 1989. At Rothschild Michael gained extensive mining finance experience culminating in his appointment as Head of Resource Banking and Chairman of Rothschild's Denver office. He subsequently worked for Societe Generale as Global Head of Mining & Metals and Barclays Capital as Joint Global Head of Mining Finance. Michael is also a Non-Executive Director of several mining companies and he is an independent consultant in mining finance.

Finance, Legal and Operations
  • Jennifer C Vowinkel
    Jennifer Vowinkel

    Jennifer Vowinkel

    Fund Controller

    Ms. Vowinkel joined Resource Capital Funds in 2007 after seven years as Director in Finance- Merchant Banking Division at Canadian Imperial Bank of Commerce where she provided finance and accounting support for the private equity and venture capital investments held by the firm. From 1996-2000, she held the position of Assistant Vice President in the finance division supporting the Global Loan Portfolio and Distressed Debt at CitiGroup Inc. Prior to this, Ms. Vowinkel worked in finance at Dean Witter, Discover & Co. and Chemical Bank. She holds a B.S. degree from Marist College and an MBA in Finance from Long Island University at CW Post.

  • Lori Franks
    Lori Franks

    Lori Franks

    Financial Controller

    Ms. Franks joined Resource Capital Funds in 2006 from the Gill Foundation in Denver, where she served as Controller and then CFO from 2001 to 2006. At the foundation she was responsible for investment portfolio oversight, financial reporting and the financial component of program strategies. Prior to this Lori was a Technical Support Specialist for The Knaster Technology Group specializing in Great Plains software consulting for a variety of companies and industries for three years. Ms. Franks served as Controller for SC Technologies, LLC, a small manufacturing company in Englewood, Colorado, from 1994 to 1998. She holds a B.S. degree in Business and a M.S. Degree in Management, minor in accounting, from the University of Colorado at Denver as well as the Certified Management Accountant designation.

  • Anthony Oppedisano
    Anthony Oppedisano

    Anthony Oppedisano

    Manager-Performance Reporting/LP Relations

    Mr. Oppedisano joined Resource Capital Funds in 2011 after eight years at The Blackstone Group in Manhattan. Most recently he served as Manager and then Assistant Vice President of Blackstone's Private Equity Finance and Accounting group from 2007-2010. He supported Private Equity Finance and Accounting, Marketing, Investor Relations as well as Senior Management. Mr. Oppedisano received his B.S. degree in Accounting from Mount St. Mary's University.

  • Matthew Santoro
    Matthew Santoro

    Matthew Santoro

    Senior Fund Accountant

    Mr. Matthew Santoro joined Resource Capital Funds in 2010. For the two years prior to his current position, Mr. Santoro was a Finance Associate at MidOcean Partners, where he applied his accounting knowledge to their Private Equity, Hedge Fund and Management Companies. From 2004-2008 he was an Audit Senior at Deloitte & Touche LLP, working with a wide-range of large and small private equity firms, as well as various consumer product companies. Mr. Santoro has received his B.S. in Accounting from Dowling College.

  • Molly Campbell
    Molly Campbell

    Molly Campbell

    Chief Compliance Officer

    Ms. Campbell joined RCF in January 2012 after having served as a Compliance Manager for Independence Capital Asset Partners, LLC. Ms. Campbell has also served as a Compliance Officer for Sankaty Advisors, LLC, the credit affiliate of Bain Capital, LLC. She holds a B.A. in English from the University of Vermont and a J.D. with a concentration in Financial Services from Suffolk University Law School.

  • Glen Parrott
    Glen Parrott

    Glen Parrott

    VP IT/Office Operations

    Mr. Parrott joined Resource Capital Funds after 4 years as Chief Operating Officer of Colorado Capital Advisors, LLC, where he provided leadership of firm operations, internal controls, reporting, systems management and corporate infrastructure, and communications.  This follows 10 years’ experience at Janus Capital Group, focused on technology projects for their Institutional, Intermediary and International distribution groups.  Prior to this he was at INVESCO Funds Group for 5 years providing systems project management for the Intermediary distribution channel.  Mr. Parrott holds a Bachelor of Arts, Geography, degree from the University of Colorado, Denver.

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