Michael W. Scherb

Michael W. Scherb

Michael W. Scherb

Founder and General Partner // London


Michael, an Austrian national, has lived and worked in 6 countries and started his career structuring foreign investment into Beijing, China. He also spent a significant amount of time in the investment banking team focused on mining at JPMorganCazenove in London.

While at JPMorganCazenove, he noticed that capital was poorly allocated to the small and medium sized segment of the mining sector, and founded Appian to pursue these opportunities.

Michael holds a BBA and a Masters in Finance.

List of sector deals which Michael has participated in:

M&A linked deals:

  • Rio Tinto PLC on its defence against a $153bn unsolicited approach from BHP Billiton PLC;
  • New World Resources N.V's proposed $1.2bn acquisition of Lubelski Wegiel "Bogdanka" S.A.;
  • Areva on a sale of 10% stake in its Imouraren project in Niger for €170m;
  • Gem Diamonds' $270m acquisition of Kimberley Diamond Company NL;

Equity Capital Markets linked deals:

  • Coal of Africa Limited on its $81m capital raising;
  • Optimum Coal Holdings Limited on its IPO on the Johannesburg Stock Exchange raising c.$200m ($1.1bn market cap);
  • Koza Altın İşletmeleri A.Ş. (Koza Gold) on its IPO on the Istanbul Stock Exchange raising $496m ($1.4bn market cap);
  • Coal of Africa Limited on its $94m capital raising and acquisition of NuCoal Mining (Pty) Limited's coal assets;
  • Sterlite Industries (India) Limited on its $1.5bn ADS follow-on offering;
  • Rio Tinto PLC on its $15.2bn capital raising;
  • Gem Diamonds on its $107m capital raising;
  • New World Resources N.V on its $2.5bn IPO ($7.4bn market cap);
  • Polo Resources Limited on its $90m capital raising;
  • UC Rusal's pulled London IPO;

Debt Capital Markets linked deals:

  • Alrosa's $1bn Bond;
  • New World Resources N.V's $634m bond offering; and
  • Rio Tinto PLC on its $5bn global bond offering.

Executive Committee

Michael W. Scherb

Founder and General Partner

Vincent Jacheet

Managing Partner

Tony Redman

Senior Operating Partner

Robin Mills

Senior Operating Partner

Jos Haumann

Senior Operating Partner