FCMBAM opens FCMB-TLG Private Debt Fund Series 2 with N20bn offer for investors seeking diversified private debt opportunities in Nigeria

FCMB Asset Management Limited (FCMBAM) has officially launched the FCMB-TLG Private Debt Fund Series 2, offering up to N20 billion for investment following full regulatory approvals.

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The Series 2 Fund continues FCMBAM’s commitment to providing Qualified Institutional Investors (QIIs) and High Networth Individuals (HNIs) access to well-structured private debt opportunities, building on the strong performance of Series 1.

Launched in 2024, the FCMB-TLG Private Debt Fund is Nigeria’s first Naira-denominated private debt fund with a total programme size of N100 billion approved by the Securities and Exchange Commission (SEC).

Series 1 raised N10.43 billion, exceeding its N10 billion target by 4.3 per cent, attracting investments from pension fund administrators and other top-tier investors.

Series 1 delivered positive real and competitive risk-adjusted returns in 2025, distributing payments to unitholders in April and November despite challenging macroeconomic conditions, highlighting private debt as a resilient income-generating asset class.

FCMBAM stated that Series 2 will invest primarily in the debt component of mid-sized Nigerian companies with commercially viable and impact-oriented operations aligned with the United Nations Sustainable Development Goals (SDGs).

Key sectors include Agriculture, Clean Energy, Education, Healthcare, IT/Technology, and Transport/Logistics.

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The Fund Manager emphasised collaboration with TLG Capital Investments Limited, FCMB Capital Markets, Stanbic IBTC Capital, Coronation Merchant Bank, and other professional partners to design Series 2, targeting competitive, risk-adjusted returns for investors while supporting Nigeria’s economic growth.