JBS Investment Management

Deterra Royalties Limited is an Australian royalty investment company based in Perth. Established in 2020, it primarily holds the Mining Area C Royalty, which generates income from iron ore production in the Pilbara region, specifically from BHP's North Flank and South Flank mines. The company also manages and acquires a diverse portfolio of royalties across various commodities, including bulk, base, and battery metals, as well as energy resources. In addition to its main asset, Deterra holds interests in five smaller royalties. The company was spun out from Iluka Resources, which retains a minority interest. Deterra's strategy focuses on expanding its portfolio and enhancing its presence in the resources sector.

ACV Auctions, Inc. is a wholesale automotive auction company headquartered in Buffalo, New York, founded in 2014. It operates a mobile platform that facilitates online auctions for used-car dealers, allowing them to view, bid on, and purchase car inventory directly from other dealers. The platform provides a digital marketplace that streamlines the buying and selling process, offering real-time alerts for available vehicles and enabling live auction participation. Additionally, ACV Auctions offers a pricing application tailored for franchise dealers, enhancing the auction experience and providing transparent and accurate vehicle information to users.

Booktopia is an online book retailer focused on selling physical books to customers in Australia and New Zealand through its websites. In addition to physical books, the company offers a diverse range of products including eBooks, audiobooks, DVDs, stationery, gifts, and magazines. Its primary business model revolves around the sale and distribution of books and book-related items via its digital platforms, catering to a wide audience of readers and consumers.