📋 Tender Overview
Project Number
51003
Company Name
Appian EM Fund, L.P.
Date SPI Disclosed
Sep 6, 2025
Country
World Region
Region
Global
Projected Board Date
Oct 6, 2025
Environmental Category
FI-1 - Significant
Status
Pending Approval
Last Updated Date
Department
Energy & Mining - Global Infra
Industry
other
Sector
Infrastructure Fund
Project Description
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.
