
Moleculesmove.Capitalfollowsthe barrel
Hermes Management is a Swiss trading and investment house for energy and metals. Since 1990, we have traded, financed and acquired across the commodities value chain – from crude oil and non-ferrous metals to rare earths, mining assets and energy infrastructure.
01 / What we do
Five business lines, one book

01 – Energy
Oil, gas, LNG & power
Crude and refined products, pipeline gas and small-scale LNG, power, biofuels and carbon – sourced, shipped, blended, hedged and delivered.
Explore 01
02 – Metals
Non-ferrous & rare earths
Copper, aluminium, zinc, nickel, battery metals and the separated rare-earth chain – concentrate to oxide, with assay and credit handled in-house.
Explore 02
03 – Assets
Reserves, mines & infrastructure
Working interests in producing fields, brownfield mines, terminals, tankage and generation – owned alongside operators we trust.
Explore 03
04 – Capital
Trade finance & structured credit
Prepay, borrowing base, streaming, mezzanine and project equity – secured by cargo, inventory, receivables and production.
Explore 04
05 – Advisory
Corporate & M&A advisory
Buy-side and sell-side work on commodity and industrial assets, where our own operating experience is the value we add.
Explore 0502 / Our position
Anyonecanquoteaprice.Veryfewcanliftthecargo,cleartheborder,holdthecreditandstilldeliveronthedaytheypromised.
That gap is the business – and the reason our capital and our barrels travel together.
03 / Inside a trade
Frommoleculetoposition




Source the molecule

Source the molecule
Source the molecule
Term and spot supply from producers, refiners and traders we have worked with for years – contracted before it is offered on screen.

Move it
Move it
Freight, tankage, warehouse and border clearance arranged cargo by cargo, so the route is chosen for the trade rather than inherited from an asset.

Hedge it the same day
Hedge it the same day
Every physical position is priced off a curve and covered the day it is struck. Flat price is never the trade.

Finance it
Finance it
Prepay, borrowing base and structured credit secured by the cargo itself – our capital and our barrels travel together.
04 / Market view
Thecurveswetradeagainst
Every physical position is priced off a curve and hedged the day it is struck.
Brent crude
76.24USD/bbl
Six-month curve · live where a listed proxy exists
- ICE gasoil(ind.)738.32USD/mt
- TTF natural gas25.59EUR/MWh
- CEE baseload power(ind.)105.23EUR/MWh
05 / Network
Whereourcargoesactuallygo
We trade across the Atlantic basin, the Gulf and Asia-Pacific, contracting tank, warehouse and freight capacity per cargo rather than owning it. The route matters as much as the price.
Logistics and infrastructureTrade regions
Atlantic basin · Gulf & Indian Ocean · Asia-Pacific
Typical load points
North-West Europe · Baltic · West Africa · South America · Australia
Head office
Aubonne, Switzerland
06 / Proof, not promises
Whatownershipactuallychanged
Positions from the portfolio, and the specific thing our capital, network or operating time made possible.
Lab to line
downstream processing know-how commercialised at industrial scale
Turning a laboratory breakthrough into an industrial standard
CIM® monolithic columns solved a purification problem the biopharma industry had accepted as a bottleneck. Our role was unglamorous: financing capacity, professionalising the commercial function and letting the science travel from a Slovenian lab bench to production lines purifying viruses, plasmid DNA and large proteins worldwide.
BIA Separations in full
- Sector
- Life sciences technology
- Geography
- Slovenia
Leaders in monolith chromatography.
07 / Where our capital works
Portfoliocompanies
08 / Perspectives









