Recently, FCMB Asset Management Limited held a signing ceremony for Nigeria’s first Naira denominated Private Debt Fund, the FCMB-TLG Private Debt Fund. The Fund, which has been approved by the Securities and Exchange Commission, is sponsored and managed by FCMB Asset Management Limited as the Fund Manager, with technical support from TLG Capital Investments Limited , United Kingdom. The Fund seeks to raise Ten Billion Naira under Series 1 of its One Hundred Billion Naira Programme size.
, James Ilori, the company’s Chief Executive Officer said, 'The FCMB-TLG Private Debt Fund opens a new avenue for professional investors to participate in the growth of key sectors of the Nigerian economy while providing essential capital to organisations driving sustainable economic growth and development in Nigeria”. The FCMB-TLG Private Debt Fund is structured as a Closed-Ended Unit Trust Scheme with Series 1 tenor of Ten years.
is rated A- by Agusto & Co. and A- by GCR. The company is one of Nigeria's leading Asset Management companies and has over Three Hundred and Twenty-Two Billion Naira in Assets Under Management. has established itself as an innovative and competent Fund Manager that periodically develops investment management solutions to deliver competitive risk-adjusted returns to investors.
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