Appian EM Fund, L.P.

active

 IFC is proposing to anchor an emerging market focused sidecar fund (the “EM Sidecar”), with IFC contributing US$100 million and mobilizing additional amounts via IFC’s Asset Management Company (“AMC”). The EM Sidecar will be managed by Appian Capital Advisory Limited or one or more of its affiliates (collectively, “Appian” or the “Fund Manager”) and will co-invest with the Fund Manager’s Appian Natural Resources Fund III and Appian Credit Strategies Fund I (together “the Funds”), as well as potential successor funds, in metals, mining and adjacent industries projects in emerging markets (“EM”). The commodities that the Funds and the EM Sidecar will target include those that are primarily linked to energy transition and technology-linked commodities. The EM Sidecar will have an opt-out right for IFC policy considerations, including alignment with IFC Performance Standards.