How We Invest

Compared to other companies in this similar field, BMI is flexible in its approach, investing in equity, debt structures, convertibles, and product streams in a globally acknowledged scenario. BMI can invest across the capital structure, in both public and private companies, as well as in developed and emerging markets.

BMI’s idea of investment can be streamlined into 2 focus areas:

1. Equity:

An equity investment refers to the buying and holding of shares of stock on a stock market by individuals and firms in expectation of income from bonuses and fund gain.

  • BMI mainly invests in equity, either alone or with like-minded co-investors.
  • In equity situations, partners maximize their influence to BMI’s strengths.
  • BMI partners can make use of BMI’s team of professionals on a range of value-accretive projects.
  • BMI’s partners can take comfort in BMI’s long-term, fundamentals-based approach to equity investing.
  • To fully align interests with management teams, BMI looks to incentivize with rewards strongly levered to performance, including shareholder returns.
  • BMI can deploy equity capital in a wide range of scenarios, including:
    • Block sales & capital raises.
    • Buyouts and tender offers.
    • Asset disposals and JVs.
    • Warrants and options.

2. Debt structures and product streams:

BMI invests in a variety of debt structures, including mezzanine instruments, convertibles and debt and warrant packages. Such structures are attractive to companies with high-risk, high-reward projects where conventional equity or debt markets are difficult to access.

BMI is able to be flexible and innovative with the terms of its debt investments, allowing growth projects to be developed and optimizations to be implemented, even when economic conditions are unfavourable.

  • BMI also invests in royalties and product streams.
  • BMI provides financing packages linked to future product streams from development projects.
  • BMI is also able to acquire existing product streams from producing operations, allowing companies to monetize future cash flows.
  • Such transactions provide alternative financing routes to dilutive equity issuances or difficult-to-service debt.
  • Streaming deals can be highly value-accretive for companies, particularly in markets when share prices are weak