• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

FCMB Asset Mgt Raises N10bn Through Private Debt Fund

by Olushola Bello
1 year ago
in Business
FCMB
Share on WhatsAppShare on FacebookShare on XTelegram

FCMB Asset Management (FCMBAM) Limited said it is raising N10 billion Private Debt Fund under Series one of its N100 billion Programme size.

Advertisement

The Company recently signed 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 (SEC), is sponsored and managed by FCMB Asset Management Limited (FCMBAM) as the Fund Manager, with technical support from TLG Capital Investments Limited (TLG Capital), United Kingdom.

Following the fulfilment of all regulatory requirements, the fund’s series 1 offer for subscription opens to Qualified Institutional Investors (QIIs) and High Networth Individuals (HNIs) yesterday, June 24, 2024, and closes on July 31, 2024

The Company said that “the FCMB-TLG Private Debt Fund will focus on investing in commercially viable and impact-oriented activities in sectors of the Nigerian economy aligned with the United Nations (UN) Sustainable Development Goals (SDG), while providing investors with an opportunity to earn competitive risk-adjusted return on investment.

RELATED

Deploying AI Will Not Cause Job Loss In Nigeria – Expert

Expert Introduces Lightweight AI-based System For Early Aviation Failure Detection

9 hours ago
FirstBank Customers Get N93m In ‘Win Big Promo’

FirstBank Launches Facial Recognition On Mobile App

9 hours ago

“It will invest in the debt components of the capital structure of organisations and Special Purpose Vehicles (SPVs) in sectors crucial to Nigeria’s economic growth and development, including Agriculture, Healthcare, Education, Clean Energy, Transportation/Logistics, and IT/Technology.

At the signing ceremony, the chief executive officer of the Company,  James Ilori 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 10 years. The Fund is also expected to provide investors with periodic streams of income through regular payment of distribution while prioritising the preservation of invested capital.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: FCMB
SendShareTweetShare
Previous Post

NSIA Releases Start-ups For Innovation Prize

Next Post

Ojude Oba Festival Fosters Unity, Economic Growth –Balogun

Olushola Bello

Olushola Bello

You May Like

Deploying AI Will Not Cause Job Loss In Nigeria – Expert
Business

Expert Introduces Lightweight AI-based System For Early Aviation Failure Detection

2025/06/30
FirstBank Customers Get N93m In ‘Win Big Promo’
Business

FirstBank Launches Facial Recognition On Mobile App

2025/06/30
Group To Drive Africa’s Tech-led Industrial Revolution, Offers Tips To Unlock $450bn Intra-African Trade
Business

Group To Drive Africa’s Tech-led Industrial Revolution, Offers Tips To Unlock $450bn Intra-African Trade

2025/06/30
Oilserv Targets December Completion Of 303km As AKK Pipeline Crosses River Niger
Business

Oilserv Targets December Completion Of 303km As AKK Pipeline Crosses River Niger

2025/06/30
Council Targets Accelerated Sugar Project Devt In 2025
Business

Poor Backward Integration Programme Performance To Cost Sugar Firms Import Quotas

2025/06/30
Bbb+ Rating
Business

TAJBank Sustains Industry Feat, Pays 3rd Dividend In 5 Years

2025/06/30
Leadership Conference advertisement

LATEST

Police Nab ‘One Chance’, Kidnap Syndicates In Delta

APC Fixes July 24 For NEC Meeting To Pick New National Chairman

Armed Robber Dies After Failed Attack On Kano Household

Man Dies, Woman Rescued In Kano Well Accidents

YEIDEP Launches $2.5bn Global Donorship Drive To Empower Youths, Women

Bauchi Gov Donates N200m To Windstorm Victims

AGN Inaugurates National Secretariat, Unveils Plan For Creative Hub In FCT

Brand Launches AfroExchange, Holds Send-off For Bnxn, Others

Hong Kong To Raise Passport, Visa, Permit Fees

Nigerian Caregiver Sentenced For Abusing 88-yr-old Patient In UK

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.