Steven Rudofsky

After Glencore, Steven held senior and CEO positions at TransCanada Pipeline Ltd, Credit Agricole Investment Bank and Alfa Group of Russia. In the 1990s and 2000s, as logistics and facilitation became increasingly important, Steven worked closely with local and national governments to upgrade pipelines, ports, terminals and local warehousing in emerging markets. After the financial crisis in 2008, Western European banks increasingly withdrew from the natural resource sectors as they no longer had the balance sheets to execute and syndicate commodity deals. Steven soon thereafter formed Talex Commodities to provide solutions to address the decline in bank funding, working with private equity and debt providers, including family offices, to implement innovative capital structures such as streaming, convertible debt and royalties, into the junior mining and oil & gas sectors. In sum, with 30 years of experience in physical commodities and finance, Steven is one of the few professionals working within the industry that has the background of structuring and executing deals on the ground, not simply sitting behind a desk in New York, London or Toronto. He has a BA in History and a JD in Law and is a member of the New York Bar.