Appian Capital Advisory Limited (“Appian”), the investment advisor to long-term value-focused private capital funds that invest in companies in metals, mining, and adjacent industries, announces the appointment of Michael Li as Head of North America.
Highlights
- Michael Li brings over 20 years of experience in metals and mining M&A and finance
- He will lead Appian’s North American operations, where six portfolio companies are currently based
- His expertise in mining finance and regional deal-making will support portfolio performance and new investments
Based in Toronto, Michael will lead the development of Appian’s North American business, including origination, transaction evaluation, due diligence, structuring and execution of new investments, as well as ongoing oversight of the firm’s regional portfolio companies.
Michael joins Appian from Maxit Capital, a leading independent mining M&A advisory firm, where he served as Managing Partner for five years. Prior to that, he led Citi’s Canadian metals and mining investment banking franchise, based in Toronto. He has also held senior roles at Credit Suisse and BMO Capital Markets, covering metals and mining.
Michael has advised a broad range of Canadian and international mining companies on buy-side and sell-side M&A, corporate and asset-level transactions, and joint venture arrangements. He also brings extensive experience in debt and equity financing across the sector.
Michael holds a Bachelor of Commerce (Honours) degree from Queen’s University. He is a CFA Charterholder and a member of the CFA Society Toronto.
Michael W. Scherb, Founder and CEO of Appian, commented: “We are pleased to welcome Michael to Appian as we continue to expand our presence in this important market. The region’s increasing focus on securing supply chains for critical minerals and precious metals to meet growing demand is creating an attractive and dynamic investment landscape. Michael’s expertise and experience in mining finance and M&A will be key to capturing these opportunities and advancing Appian’s leadership in North America.”
Michael Li, Head of North America at Appian, commented: “I am delighted to join Appian at such an exciting time for the metals and mining sector in the region. Appian’s value-add model is underpinned by industry-leading in-house financial and technical teams. I look forward to working with these teams, leveraging my experience to help drive further value and growth across our North American operations.”
For further information:
Andrew Todd, Head of Communications: +44 7990416759 / [email protected]
+44 (0)20 7004 0951 / [email protected]
About Appian Capital Advisory
Appian Capital Advisory is the investment advisor to long-term value-focused private capital funds that invest in companies in metals, mining, and adjacent industries.
Appian is a leading investment advisor with global experience across South America, North America, Australia and Africa and a successful track record of supporting companies in metals, mining, and adjacent industries to achieve their development targets, with a global operating portfolio overseeing approximately 6,000 employees.
Appian has a global team of 100 experienced investment professionals, combining financial and technical expertise, with presences in London, New York, Dubai, Belo Horizonte, São Paulo, Beijing, Hong Kong, Toronto, Lima and Perth.
For more information, please visit www.appiancapitaladvisory.com, or find us on LinkedIn, Instagram or Twitter/X.
