My people, make I yarn you one beta news wey don drop from Lagos. FCMB Asset Management don jam regulatory approval for dem private debt fund wey dem dey call FCMB-TLG Private Debt Fund, Series II issuance, and this one be big milestone for dem growth plan oh!
This Series II go fit gather up to N20 billion wey dem plan use support mid-sized corporate companies for sectors wey dey align with United Nations Sustainable Development Goals. E mean say dem go dey put money for agriculture, clean energy, education, healthcare, IT/technology, and transport/logistics sectors. Na wetin we dey talk say, make the money dey work for better purpose and no bi just for pocket alone!
During di signing ceremony, wey no to long ago happen, James Ilori wey be CEO of FCMB Asset Management talk say dis approval na validation of di confidence wey SEC get for dem. Him also yarn say di aim na to make sure say dem dey support sectors wey go help Nigeria grow. So e go help both investors and di companies wey go receive di funds.
But wait, e no stop for there. Dis fund go also dey integrate Environmental, Social, and Governance (ESG) principles. Wetin dat one mean? E mean say dem dey make sure say di money wey dem dey invest no go only dey generate returns, but e go also dey promote responsible investing. Na wetin sweet me pass because we sabi say na so we go fit build beta future.
As di matter dey be, Series II offer go open for January 2026, once di relevant regulatory clearance don show face. Isha Doshi from TLG Capital talk say dis partnership go help strengthen local private credit ecosystem wey go bring more money into di Nigerian business space.
FCMB Asset Management self no be new player. Dem don dey operate since 2000 and na dem be market leader wey dey recognized for di kind disciplined investment management wey dem dey do. With dem strong ratings from Agusto & Co. and GCR Ratings, no be lie when dem talk say dem no dey slack.
As we dey follow dis matter, e good make we dey watch out for how dis fund go unfold and how e go affect di business landscape for Naija. Abeg make we dey keep hope alive, because dis one fit just dey lead to better growth for our economy!
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