From the past...

TORONTO, Oct. 12, 2017 (GLOBE NEWSWIRE) — Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture:NOT) is pleased to announce the closing of a non-brokered private placement of 3,400,000 common shares at a price of $0.3675 per share with RCF V Annex Fund L.P. (“RCF V Annex”) for gross proceeds of $1,249,500.

Resource Capital Fund V L.P. (“RCF V”),  is an affiliate of RCF V Annex

Notice that this fund that appeared only once for this particular non brokered Noront buy...is an affiliate of RCF V annex.

And RCF management is an "advisor" to this fund.

https://predictiveops.com/funds/8056236880395

Fund Overview

RCF V ANNEX FUND L.P. is a private equity fund.

RCF MANAGEMENT, LLC is an adviser to the fund. The current gross asset value (GAV) of RCF V ANNEX FUND L.P. is $ 35,700,000.

Private Fund 805-6236880395

Fund Summary as of April 26, 2019

Fund Information

Fund Name

RCF V ANNEX FUND L.P.

Fund Type

Private Equity Fund

Fund Location

Cayman Islands

Fund GAV

$35,700,000

Number of Beneficial Owners

25

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And on the topic of the letter "V"..

This came out today:

https://www.globenewswire.com/news-release/2019/11/04/1940203/0/en/Brookfield-Closes-US-9-Billion-Global-Private-Equity-Fund.html

BROOKFIELD NEWS, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (“Brookfield”) (NYSE: BAM, TSX: BAM.A) announced today the closing of its latest flagship global private equity fund, Brookfield Capital Partners V (“BCP V” or the “Fund”) with total equity commitments of $9 billion in the program.

Based on strong investor demand, BCP V attracted total capital commitments exceeding the original $7 billion fundraising target. BCP V’s predecessor fund closed in 2016 with $4 billion of total capital commitments.

Investors in the Fund are a diverse group of institutional investors, including public and private pension plans, sovereign wealth funds, financial institutions, endowments and foundations, family offices, and private wealth investors. Brookfield Business Partners L.P. (NYSE: BBU, TSX: BBU.UN) has committed $3 billion to the Fund, underscoring the alignment of interests with other investors.

Cyrus Madon, head of Brookfield’s private equity business, said “We are pleased to have reached this milestone based on the ongoing strong support we have received from our investors. We have already deployed capital into a number of high-quality businesses and look forward to continuing to prudently invest where we can bring our operating capabilities, global scale, and expertise as part of the broader Brookfield platform to create value for our investors and our businesses.”

To date, the Fund has committed approximately $2.5 billion to acquire businesses with high barriers to entry, low production costs, and the potential for enhanced cash flow generation, including a leading global automotive battery business and one of the largest private hospital operators in Australia.

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And look at this deal... the Johnson's battery business for 13 billion...notice the new name below.

http://www.batteriesinternational.com/2019/05/09/former-jci-battery-business-re-launches-as-clarios-to-focus-on-advanced-battery-growth/

May 9, 2019: Johnson Controls Power Solutions — the former battery arm of tech giant Johnson Controls that was bought by Brookfield Business Partners on May 1 for $13 billion — launched itself with the name Clarios and a new logo and website.

Staff arriving for work at the Milwaukee-based company that day had no idea they would find new logos, signs and even ID cards had all been put in place overnight.

Joe Walicki, president of the Power Solutions business and now president of Clarios, said the future for automotive batteries held ‘tremendous opportunity’ for growth.

“All vehicle types — conventional, start-stop, plug-in hybrids, all the way up to battery electric, like Teslas — all of them have a lead acid battery in them. As you move up the continuum to more electrified, the basis is towards these advanced batteries,” he told journalists on a conference call.

“If we stay centred on executing the strategy we put in motion a couple of years ago, which is all about these advanced batteries, we have more capacity than all of our competitors in the world combined.

“We’re well positioned. We have spent significant capital on raising our advanced battery capacity around EFB and AGM. Some of the growth is going to happen in China, where we’re in the process of opening our third plant. Because of their regulatory push around CO2 reduction and consumers who also value comfort and connectivity, they are already close to 50% of new vehicles having these advanced batteries in them. Seventy per cent of the batteries we sell to OEMs are already these advanced batteries.”

Walicki said Clarios would be looking at geographical expansion, firstly into Indonesia, and into other types of batteries for applications like marine and trucks, where AGM technology was rapidly being adopted. There would also be an expansion in lithium technology, he said.

“But we really feel we need to stay centred and not dilute down,” he said. “We will stay being good at what the world wants us to be good at.”

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https://twitter.com/clariosglobal/status/1054769949250510854?lang=en

Johnson Controls Power Solutions is proud to enter a joint venture with Nipress Energi Otomotif, a leading automotive battery manufacturer and distributor based in Indonesia. Together, we’ll deliver high-quality vehicle energy storage solutions to Southeast Asia customers!

The firm would remain at its Milwaukee base, where the employees were crucial, Walicki said.

“JCI was founded here and our roots are here. We have a lot of very talented lead acid experts, they’re not easy to come by and they love Milwaukee so we’re not going to move them.

“Brookfield admires not only the facilities we have here but also the talent base we employ — the world’s best battery experts. You wouldn’t be able to just transport those people around the world.”

Walicki said the firm’s $10.3 billion debt burden would be paid in time, and the firm had confidence that it would be able to continue investing.

The word ‘Clarios’ means ‘clear’ or ‘clarity’ in a number of languages, said director of external communications Kari Pfisterer.

“This is how we view the road ahead,” she said. “The logo captures the idea of dynamic energy and expresses the ideas that drive us — power and progress. It expresses a natural sense of motion and progression from left to right, reinforcing our brand promise of ‘powering today, into tomorrow’.”

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http://nipress.com/en/who-we-are/

We cooperate with the Indonesian government for the development of lithium battery for electric cars and for the battery in the field of defense and security.

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Tesla did say they want to get into the business of making Battery cells.

Elon Musk said the biggest thing holding them back is batteries.

https://business.financialpost.com/technology/battling-battery-cell-scarcity-and-manufacturing-hiccups-tesla-quietly-buys-ontario-automation-firm