Nebari Holdings

Nebari Holdings

Nebari Holdings was established in 2016 by Dan Freuman and Clark Gillam. The pair met while working at Glencore in Switzerland. Wealth originated from natural-resources trading, private equity and credit investing. The firm deploys capital through direct co-investments, SPVs and private credit structures. Asset classes include natural resources debt, royalties and equity. Confirmed positions include an $18 million facility to Greenland Ruby DK ApS in 2021, a US$37 million package to Lion One Metals and a US$80 million term sheet for Theta Gold Mines Limited announced in July 2025. Additional holdings cover Nova Minerals, Vendetta Mining, Ascot Resources, Empress Royalty, Signal Gold, Osino Resources and Emerita Resources. Geographic coverage reaches Africa, Europe, North America, Oceania and South America. AUM sits at an internal estimate of 387 million USD. The team includes professionals with prior experience at Boart Longyear, Eurasian Resources Group and JPMorgan. Clark Gillam serves on the board of Heliostar Metals Ltd. Dan Freuman and Clark Gillam also hold board seats at Lost River Mining, Inc. July 2025: Announced US$80 million debt term sheet for Theta Gold Mines Limited's TGME Gold Mine Project. Nebari maintains an affiliate relationship with GF Capital, LLC. The structure centers on flexible capital for mining assets rather than broad venture or public-market mandates. Co-investors have included Refactor Capital. Alaska Permanent Fund Corporation participated via the Alaska Future Fund program.