Appian Capital Advisory LLP, the investment advisor to long-term value-focused private capital funds that invest in metals, mining and adjacent industries, today announces the opening of a new Asia headquarters in Hong Kong to serve its operations in the region.
Highlights
- Appian opens a new Asian headquarters in Hong Kong’s Central District
- The office will serve as a hub for Appian’s partnerships and operations across Asia’s green-tech supply chains
- The office will be led by Richy Xie, formerly Co-Head of Asia Pacific, Metals and Mining for Standard Chartered Bank
The office in Hong Kong’s Central District on Victoria Harbour will be Appian’s 11th base worldwide and its first in Asia. The new hub will help Appian capitalize on the synergies between its position as a leading global investor in critical minerals supply chains and Asia’s growing battery manufacturing and electric vehicle markets. Asia is forecasted to account for over 60% of new EVs sold worldwide before 2028, according to the Economist Intelligence Unit.
Appian has appointed Richy Xie to lead its operations in the region. As Head of Asia, he will manage Appian’s regional partnerships and growth strategy. Before joining Appian, Richy was the Co-Head of Asia Pacific Metals & Mining at Standard Chartered Bank for ten years. During this period, he successfully built the bank’s metals & mining franchise in the region, assisting businesses in the sector with cross-border M&A activity in Asia.
Melody Dong, Head of Commodity Research will also join Appian’s regional team. Melody will provide Appian with market research and pricing forecasts, producing insights on market dynamics and commodity supply and demand models to support due diligence activities and long-term optimization of assets. Previously, Melody was an analyst in the commodities research team at China International Capital Corporation.
Michael W. Scherb, Founder and CEO of Appian, commented:
“We are delighted to add Hong Kong to Appian’s international footprint. Our operations there will serve as a hub and gateway to the region’s private capital market and battery manufacturing supply chains. We are also pleased to welcome Richy as our new head of Asia. He has been a prominent and respected figure in metals and mining cross-border M&A activity for over 20 years. His expertise and reputation will be an asset to our team and regional ambitions.”
Richy Xie, Head of Asia at Appian, commented: “I am delighted to join Appian at such an exciting time for the business and the sector. Their focus and successful track record with projects building critical mineral supply chains, combined with my extensive experience in Asia, is an attractive combination. I look forward to working with colleagues in Hong Kong and internationally to expand our regional partnerships and activities.”
For further information:
Andrew Todd, Head of Communications: +44 7990416759 / [email protected]
+44 (0)20 7004 0951 / [email protected]
About Appian Capital Advisory LLP
Appian Capital Advisory LLP is the investment advisor to the Appian Natural Resources Funds, which are long-term, value-focused funds that invest in metals, mining, and adjacent industries.
Appian is a leading investment advisor with global experience across South America, North America, Australia and Africa. It has a successful track record of supporting companies in metals, mining, and adjacent industries to achieve their development targets, with a global operating portfolio overseeing nearly 5,000 employees.
Appian has a global team of 85 experienced professionals with presences in London, New York, Hong Kong, Toronto, Vancouver, Lima, Belo Horizonte, Montreal, Dubai, Johannesburg and Perth.
For more information please visit www.appiancapitaladvisory.com, or find us on LinkedIn or Instagram. You can also find us on www.appiancapital.cn and on WeChat.
