Frontera Energy Corp T.FEC

Alternate Symbol(s): FECCF

Energy Oil & Gas E&P

Frontera Energy Corporation is a Canada-based oil and gas company. The Company is involved in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 27 exploration and production blocks in Colombia, Ecuador, and Guyana, and pipeline and port facilities in Colombia. The Company’s segments include Colombia, Ecuador, Guyana, Midstream Colombia, and Canada & Others. Colombia includes all upstream business activities of exploration and production in Colombia. Ecuador includes all upstream business activities of exploration and production in Ecuador. Guyana includes exploration and infrastructure. Midstream Colombia includes the Company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.

TSX:FEC - Post by User

Frontera Energy Corp > What do 3 Super Rich guys know that we don't?

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Post by kcac1on Jun 03, 2024 6:48am

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Post# 36068782

What do 3 Super Rich guys know that we don't?

Just wondering how de Alba convinced these 3 very successful businessmen and very wealthy investors to back his US clone of Catalyst Capital? It seems that the controversial Newton Glassman, founder of Catalyst, is not involved in GDA Luma, Just de Alba listed as the founder.

It appears it has been quite some time since de Alba produced a big win. Yet, he convinced these 3 Billiionaires to back GDA Luma????. Hopefully, he can soon have a big win to gain their confidence. I see nothing in the Catalyst or GDA portfolio that could produce a win that could be in the $Billions other than Frontera Energy, but sold off in pieces, Corporate Raider syle, very common a few decades ago. Hopefully, de Alba can show his deal making prowness to his rich backers and pull it off.

At least 2 of them own very Big Mansions on the water in Miami where GDA is located. Which seems more than a coincidence with de Alba also having a home there. Two of them are major investors in multiple major Sports teams, thus surely why de Alba is exploring the Sports team market for GDA investments.

GDA Luma Capital is supported by several high-profile billionaires. The firm, led by Gabriel de Alba, is anchored by Todd Boehly, co-founder and CEO of private investment firm Eldridge ¹. Boehly has a net worth of over $6 Billion acording to Forbes and a diverse portfolio, including ownership stakes in the Los Angeles Dodgers and Los Angeles Lakers, and he was part of the consortium that acquired Chelsea Football Club ¹.

Todd Boehly - Wikipedia

Another key investor is Marcelo Claure, founder and CEO of Claure Group, a multi-billion-dollar family office ¹. Claure has held senior executive roles at SoftBank Group, including COO and head of SoftBank’s international portfolio, and was the CEO of telecom giant Sprint ¹.

Marcelo Claure - Wikipedia

Additionally, Michel Combes, another former SoftBank executive, and Security Benefit Life Insurance Company, an Eldridge affiliate, are also disclosed backers of GDA Luma Capital ¹. The firm’s strategy involves investing in distressed mid-market businesses across various sectors, primarily in North America, as well as in the UK and Europe ¹.

Michel Combes - Wikipedia