Appian meets target for sophomore fund

The fund is expected to hold a final close within the next month.

  • Fund name: Appian Natural Resources Fund II
  • Amount raised: $775 million
  • Target size: $775 million
  • Stage of fundraising: First close
  • First close date: November 2020
  • Expected final close date: December 2020
  • Predecessor fund: Appian Natural Resources Fund ($372 million)

Appian Capital Advisory is nearing the final close of its sophomore fund. It has already collected LP commitments of $775 million, meeting its initial target size, as confirmed by the London-based firm. Like its predecessor, Appian Natural Resources Fund II will invest in natural resources globally.