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The number of staff is based on the number of staff at Appian Capital Advisory LLP ("ACAL"), the Investment Advisor to Appian Natural Resources Fund (the "Fund"), who are dedicated to providing investment advice to the Fund and its investment manager. The Fund is managed by Appian Holdings Limited ("Appian").
AUM reflects total investor commitments to the Fund, which is managed by Appian.
The breakdown above outlines where the Assets Under Management are located. We are not expecting to make further investments and will be holding, developing and exiting our current positions in the coming years.