Founded in 2015, Javelin started as a joint venture between an experienced management team and strategic industry investors to build a leading multi-commodity trading platform in the global markets. The firm has grown to become one of the leading global commodities traders, operating across 100 countries and six continents with respect to more than 20 different types of commodities for the energy, steel and industrial sectors. Javelin Private Capital Group (JPCG) is the merchant banking and investment banking division of Javelin. JPCG invests Javelin's capital as well as provides investment banking services to support our clients' business objectives including mergers and acquisitions, debt and equity capital raises and restructuring advisory. London-based Javelin launched in June 2015 and was 34 percent owned by U.S. coal miner Murray Energy, 28 percent owned by German utility E.ON and 38 percent owned by its principal traders, some of whom were previously at Goldman Sachs. Murray Energy, the largest underground coal miner in the United States, markets its coal globally via Javelin. Javelin concentrated its efforts on thermal coal at first but, it has leveraged its success in thermal to develop a metallurgical coal offering. This strategy was boosted further by the formation of a joint venture with Central Appalachian coal producer Blackjewel and Javelin’s long-term partner, the German utility company Uniper, announced in December 2017.