Hannam & Partners

What Hannam & Partners does

Hannam & Partners is an independent, partner-owned specialist investment bank headquartered in London at 7-10 Chandos Street, focused exclusively on the natural resources sector. Founded in 2012 by Ian Hannam (former Chairman of Global Capital Markets at J.P. Morgan) and Neil Passmore, the firm operates through two FCA-regulated UK entities (H&P Advisory Ltd, FRN 805667; HCF International Advisors Ltd, FRN 230014) and employs a team of approximately 35 professionals, including seven partners with over 160 years of combined advisory experience. Its core service offering spans M&A advisory (buy-side, sell-side, divestitures, joint ventures), equity and debt capital raising (including IPOs, follow-ons, project finance, royalties, and offtakes), strategic advisory to boards and management, corporate broking under a model explicitly designed to avoid the conflicts of bulge-bracket banks, capital markets advisory, and in-house equity research.

The firm's sector coverage is organized around Metals & Mining and Energy (including oil & gas, helium, hydrogen), with a recently added Sustainable Energy & Technology vertical. Research coverage extends to 40 stocks and is distributed through a gated investor portal and four recurring newsletter products to over 300 institutional investors globally, providing a recurring relationship channel with the buyside that supports advisory mandate origination. Transactions span Africa, Europe, North America, Australia, and the Middle East, with disclosed mandates for issuers including BHP Billiton, Rio Tinto, Xstrata, British Petroleum, Chariot, Savannah Energy, Randgold, Ero Copper, Yellow Cake, Pilbara Minerals, and NexGen Energy.

Hannam & Partners generates revenue through professional services fees (advisory retainers and transaction-based fees on M&A and capital raising) and equity research distribution, with £45bn of deals completed since 2013 and £12bn+ raised for clients over the same period. Go-to-market is relationship-led and senior-partner-driven: the firm competes against integrated investment banks on independence and unconflicted advice rather than balance sheet capacity, targeting mid-cap and emerging natural resource issuers who value senior access and sector specialization. The technology stack is non-proprietary and focused on advisory workflow and research distribution rather than platform or product technology.

Name

Hannam & Partners

Legal name

H&P Advisory Ltd

Website

https://hannam.partners

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Hannam & Partners is an independent, partner-owned London-based specialist investment bank advising natural resources companies (metals & mining, energy, and energy transition) on M&A, capital raising, strategic advisory, and corporate broking, supported by equity research distributed to 300+ institutional investors.

Ownership category

akta.pro rank

Product category

Natural Resources Investment Banking

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG), Buy-Side M&A Advisory (FSAEAGAB)

Keywords

• Investment banking services
• Mergers and acquisitions
• Capital markets advisory
• Corporate broking
• Equity research

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Advisory Services Revenue: Fees from providing M&A advisory, strategic advisory, and corporate broking services to natural resource sector companies. Revenue is generated through transaction-based advisory fees and ongoing corporate broking retainers.
2. Capital Raising Fees: Fees from equity and debt capital raising transactions, including IPOs, follow-on offerings, and project financing arrangements.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Hannam & Partners is an independent specialist investment bank advising natural resources companies on mergers & acquisitions, equity and debt capital raising, strategic advisory, and corporate broking. The firm also produces in-depth equity research covering approximately 40 stocks across metals & mining and energy sectors, distributed to over 300 institutional investors globally through a gated research portal and newsletters.

Product overview

Hannam & Partners is an independent specialist investment bank providing a unified platform of advisory services to the natural resources sector. The core offering comprises M&A advisory, equity and debt capital raising, strategic advisory, corporate broking, investment research, and capital markets advisory. These services are organized around two primary sectors—Metals & Mining and Energy—serving clients from major diversified miners and energy producers to early-stage explorers. The research product line includes specialized sector research (H&P Mining Research, H&P Energy Research, H&P Sustainable Energy & Technology Research) delivered through newsletters (Daily Download, Financial Services Weekly, O&G Weekly, Sustainable Energy & Technology Weekly) to over 300 institutional investors.

Differentiator

Problem solved

Functional benefit

Products and services

• Mergers & Acquisitions Advisory
• Equity Capital Raising Fundraising services encompassing equity capital markets, project financings, royalties, and offtake arrangements for natural resource companies.
• Debt Capital Raising Structured debt, alternative finance, and political risk insurance advisory for metals, mining, energy, and associated infrastructure sectors.
• Strategic Advisory Unconflicted strategic advice to management, boards, and investors on a comprehensive range of strategic initiatives and business challenges.
• Corporate Broking Corporate broking model providing senior independent advice without conflicts inherent in larger investment banks, based on long-term relationships and complete client alignment.
• Investment Research In-depth equity research covering 40 stocks across metals, mining, energy production, services, and sustainable technologies sectors, distributed to over 300 institutional investors.
• Capital Markets Advisory Independent analysis of capital markets options with extensive understanding of institutional debt and equity capital markets, including restructuring and anchor investor marketing.
• Metals & Mining Sector Advisory Specialized advisory services for metals and mining companies from major diversified miners to early-stage explorers.
• Energy Sector Advisory Advisory services for energy companies across the value chain from production to transmission, distribution, and supporting services.

Quantifiable outcome

• £45bn in deals completed since 2013
• +2 more outcomes

Named customers11 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• ChariotminorChannel Partner/ Reseller/ Distributor · 2 April 2026Chariot appointed Hannam & Partners as joint broker. Hannam & Partners will serve alongside another broker to provide corporate broking services to Chariot, supporting the company's capital markets activities and investor relations functions.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Jefferies: Global full-service investment bank with a strong natural resources franchise across mining and energy. Comparable as a broader incumbent competing for the larger end of H&P's deal universe.
• RBC Capital Markets: Global investment bank with a substantial natural resources group covering mining and energy. Comparable as a larger competitor that H&P's team members have worked at (Jay Ashfield, Jonathan Guy), operating on bigger mandates but in the same sectors.

Direct peers

• WH Ireland: UK small-mid cap broker with a natural resources corporate broking and advisory practice. Comparable as a smaller UK broker competing for the same mid-market natural resources mandates.
• Peel Hunt: UK mid-market broker and advisor with mining exposure and active corporate broking practice. Comparable as a UK-focused mid-market advisory and capital markets peer.
• Canaccord Genuity: Specialist investment bank with a well-known natural resources franchise covering mining and energy. Comparable as a sector-focused mid-market advisor; one of H&P's partners (Andrew Chubb) previously led mining coverage here.
• Panmure Gordon: UK mid-market broker with advisory and corporate broking services to growth and natural resources companies. Comparable as a similarly positioned UK mid-market competitor for capital raising and broking mandates.
• Numis Securities: UK-listed specialist broker and advisor with a long-standing mining team that has advised many of the same UK-listed mining clients as H&P. Overlapping coverage and similar corporate broking plus ECM offering.
• STJ Advisors: London-based independent advisor focused on equity and exit advisory across multiple sectors including natural resources. Most directly comparable peer: similar size, similar independent model, and overlapping client base in mining and energy IPO/M&A.
• Liberum Capital: UK mid-market investment bank with a natural resources and growth company franchise. Comparable as a similar-sized UK specialist advisor competing for mining and energy ECM mandates.
• Berenberg: European investment bank with a dedicated mining research and advisory franchise. Comparable as a specialist resource-focused advisor with research distribution to European institutional clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hannam-&-partners/?originalSubdomain=uk
• Xx.com/hannampartners

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hannam & Partners