Business & Finance
Brought to you by: Monaco Life
Robert Friedland, the international financier and a major player in the mining industry, was the guest speaker at the meeting and summer cocktail of the Monaco Venture Private Equity and Venture Capital Association (MVCA) last night. Zsolt Lavotha, Chairman and President of MVCA, gave a review of the first half of 2013 to the 60 members and guests, with an impressive list of activities, among them several high quality co-investment meetings, VIP lunch speakers such as Luc Vandevelde, former chairman of Carrefour, a full day event with Stephen Schwarzman, founder of Blackstone Group, one of the world’s most prominent Private Equity Groups, and of course the global entrepreneur event THE EDGE, which MVCA co-organized with the International University of Monaco…
But the show last night belonged to Robert Friedland, founder of Ivanhoe Capital, his private family business providing venture capital to mainly the mining, energy and technology field. Ivanhoe Capital has raised billions of dollars since its inception and Friedland also founded and was Executive Chairman of Ivanhoe mines which in 2012 was sold to Rio Tinto, the world’s third-largest mining group by market capitalization (>$130billion).
With a larger than life personality, Friedland provided his view on the future of precious metals and backed it up with seriously interesting facts and demographics. His lively presentation was highly enlightening in the field of mining, the world economy in general,and including several provocative statements that mesmerized the audience. Friedland was listed as one of the 10 most influential people in Steve Jobs’ life by the Business Insider, and he counted him among his good friends and who actually influenced the choice of name for his Apple company.
Michel Bouquier presented Friedland with the Monaco Private Label Card, to join an exclusive group who receive preferential treatment in the Principality.
Article first published June 26, 2013.
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