Appian portfolio company, Santa Rita project (nickel-cobalt-copper, Brazil)
Fundamental bottom-up investor targeting high margin assets with near-term production potential
Vision and strategy
Using a cutting edge approach, driven by technical arbitrage, Appian provides its investors with the opportunity to take advantage of macro themes by investing into, owning and managing the tangible real assets themselves.
The experience of the Appian Capital Advisory team, who have successfully brought 60+ mines into production, can be provided to its portfolio companies and local stakeholders, enabling access to a deep talent pool of high quality individuals who are able to de-risk projects, and accelerate development and value growth.
Appian seeks to invest in down-side protected opportunities within selected geographical locations with proven geology, supportive governments and a robust legal framework. Targeting high quality assets at the advanced greenfield, brownfield and / or expansion stages, Appian’s equity fund platform and its advisors support management teams to realise maximum value from their assets. Asset-linked products such as royalties and streams, which Appian also provides, typically become available following the definition of a resource and initial economic studies.
Proven and unique investment model employing hands-on technical value-add, long term value investing and through-the-cycle thinking.
- Deep in-house technical team employs a technical arbitrage approach to deliver a differential view on a project
- Financial and technical advisor, able to oversee and optimise the development and operations of our portfolio companies
- Identification of key operating risks and upside opportunities that other capital providers would either overlook or defer to consultants
- Investment model offers downside risk protection while maintaining upside optionality
Appian is pursuing, through its equity fund, a scalable investment mandate focused on acquiring small to medium-sized assets or companies in the metals and mining sector and creating significant value in these projects through a hands-on, value build approach. Appian also provides creative, flexible, capital solutions to mining companies in the form of loan facilities and asset-linked royalties and streams that allow owners to expedite their projects into production.
The Funds maintain a disciplined investment mandate and invests across geographies where its professionals have successfully operated before and maintains a focus on achieving a balanced split of commodities with favourable market dynamics.