Reuben AI

    Royalties & Streaming, with structure-aware discipline

    Mining, pharma and media royalty streams with cash-flow forecasting and counterparty risk monitoring.

    Royalty and streaming portfolios generate cash from the production of underlying assets: ore, drug sales, music streams, media rights. The cash flows are predictable enough for investors, but each stream has its own counterparty, quality risk and cash-flow profile. Reuben AI provides an operating layer purpose-built for royalty and streaming underwriting, cash-flow forecasting, counterparty surveillance and LP reporting across mining, pharma and media segments.

    RReuben AIUserCovenantThresholdStatusDSCR ≥ 1.2xLTV ≤ 65%Net Leverage ≤ 4.0xMin Cash $5MEBITDA Margin ≥ 20%

    Why this asset class needs a different operating model

    Each stream is a bespoke asset. Mining, pharma and media royalties share a shape but differ in underlying dynamics, counterparty structures and reporting cadence.

    Counterparty risk drives realisation. Realised cash depends on the counterparty's ability and willingness to produce and report. Counterparty surveillance is continuous.

    Cash-flow forecasting is the underwriting. Forecasts based on production, price and counterparty behaviour must be continuously refreshed against realised cash.

    Segment-specific reporting. Investors expect segment-specific reporting: reserves for mining, drug sales for pharma, streaming volumes for media.

    How Reuben AI covers it

    Segment-aware underwriting

    Mining, pharma and media royalty structures each with segment-tuned underwriting templates and cash-flow drivers.

    Cash-flow forecasting

    Production, price and counterparty forecasts continuously reconciled to realised cash with variance analytics.

    Counterparty risk monitoring

    Counterparty financial and operational health tracked with alerts on production shortfalls, reporting delays or credit deterioration.

    Portfolio duration analytics

    Weighted-average life, duration and cash-flow concentration analytics at the portfolio level.

    LP-facing segment reporting

    LP reporting with segment-level and portfolio-level cash-flow, counterparty and duration analytics.

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    Common questions

    Are mining, pharma and media all supported?

    Yes. Each segment has its own underwriting templates, cash-flow drivers and reporting cadence. Portfolios can be mixed-segment or single-segment.

    How is counterparty risk monitored?

    Counterparty financial and operational health is tracked with alerts on production shortfalls, reporting delays or credit deterioration.

    What about music royalties specifically?

    Music royalties have their own dedicated page and workflow with publisher splits, PRO collections and streaming platform attribution.

    See Royalties & Streaming, with structure-aware discipline in Reuben AI

    Book a demo to walk through deal flow, diligence and reporting tailored to this asset class.

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