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Appian's second mining fund closes oversubscribed

Appian CEO Michael Scherb believes firm's success a sign of more private equity money coming in

Tom Hoskyns
Kalbar's Fingerboards project in Victoria was one of Appian's more recent investments

Kalbar's Fingerboards project in Victoria was one of Appian's more recent investments

The close of Appian's second fund follows an initial $375 million raise in 2014. The firm's new pool of capital is already 40% deployed, and will be split out with 20% into mineral sands and the balance...

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