First City Monument Bank Asset Management Limited in collaboration with TLG Capital Investment Limited, United Kingdom (FCMB-TLG) has opened the first series of their Private Debt Fund for investment.
First City Monument Bank Asset Management Limited in collaboration with TLG Capital Investment Limited, United Kingdom has opened the first series of their Private Debt Fund for investment.under series 1 of its N100 billion programme size and the offer for subscription to Qualified Institutional Investors and High Networth Individuals would run through June 24th to July 31st, 2024.
Speaking at the signing ceremony organised by FCMBAM, 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”.
“It will invest in the debt components of the capital structure of organisations and Special Purpose Vehicles in sectors crucial to Nigeria’s economic growth and development, including Agriculture, Healthcare, Education, Clean Energy, Transportation/Logistics, and IT/Technology”, he added.
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