Kinterra Capital Raises US$950 Million for Second Critical Materials Fund

New updates have been reported about Kinterra Capital Corp.

Kinterra Capital Corp. has closed its second flagship vehicle, the Kinterra Critical Materials & Infrastructure Opportunities Fund II, LP, at its US$950 million hard cap, surpassing the initial US$850 million target on an accelerated timetable after launching in the first quarter of 2025. The oversubscribed close signals strong institutional confidence in Kinterra’s focused strategy of acquiring and de‑risking critical materials and related infrastructure assets in Tier‑1 jurisdictions.

The firm has already begun deploying Fund II, completing its first investment in late 2025 with the acquisition of the Antler Copper Project in Arizona, a brownfield, high‑grade underground asset that expands its U.S. copper platform and lifts Kinterra’s controlled copper resources in the country to roughly 14 billion pounds. Co‑founders Cheryl Brandon and Kamal Toor emphasized that Fund II will enable the firm to scale its control‑oriented approach, combining disciplined capital allocation, in‑house technical expertise, and complex transaction structuring to pursue scarce, strategically important assets in a market where critical minerals are increasingly central to economic policy, industrial supply chains, and government priorities.