The Nation Newspaper Series 1 of FCMB-TLG private debt fund set to open for investment
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.
Following the fulfilment of all regulatory requirements, the Fund’s Series 1 Offer for subscription is set to open to Qualified Institutional Investors and High Networth Individuals on Monday 24 June 2024, and close on Wednesday 31 July 2024. 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 Sustainable Development Goals , while providing investors with an opportunity to earn competitive risk-adjusted return on investment.
The FCMB-TLG Private Debt Fund is structured as a Closed-Ended Unit Trust Scheme with Series 1 tenor of Ten 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.Abuja doctor reveals a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects within a short period.
Small Manhood And Premature Ejaculation Made Me Stay Away from Love Making For 4yrs...But These Simple Solutions WORKED! Click Here To See My Breakthrough!
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC approves first naira-denominated private debt fundThe Securities and Exchange Commission (SEC) has approved Nigeria's first naira-denominated Private Debt Fund in the name of FCMB-TLG
Read more »
FCMB shareholders approve issued capital increase, ₦150bn capital raiseThe Nation Newspaper FCMB shareholders approve issued capital increase, ₦150bn capital raise
Read more »
FCMB Group gets shareholders nod to raise N150b capitalThe Nation Newspaper FCMB Group gets shareholders nod to raise N150b capital
Read more »
RECAPITALISATION: FCMB shareholders okay N150bn capital raisingA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Read more »
Kwara, FCMB promote responsible, inclusive agricultural investmentsKwara State Government has partnered with First City Monument Bank (FCMB) to enhance the ease of doing business across the state under the World Bank-funded State Action on Business Enabling Reforms (SABER) programme.
Read more »
Hezbollah says launched series of retaliatory attacks on IsraelLebanese militant group Hezbollah said it launched a series of attacks on Israeli military positions Saturday after state media reported Israel had stepped up its own strikes the night before.
Read more »