FCMB-TLG Series 2 offer opens for investment

FCMB

FCMB Asset Management Limited (FCMBAM) is set to open the FCMB-TLG Private Debt Fund Series 2 Offer of up to N20 billion for investment, following the receipt of all the necessary regulatory approvals.

The FCMB-TLG Private Debt Fund Series 2 represents a continuation of FCMBAM’s commitment to offering qualified institutional investors (QIIs) and high-net-worth individuals (HNIs) access to well-structured and diversified private debt opportunities, building on the strong performance of the fund’s Series 1.

The offer is Nigeria’s first naira-denominated private debt fund, with a programme size of N100 billion, which was approved by the Securities and Exchange Commission (SEC) in 2024. Series 1 of the fund closed in 2024 with significant investor interest in a N10 billion Offer that was 4.3 per cent oversubscribed, as a total of N10.43 billion was raised from five (5) different investor categories, including top-rated pension fund administrators (PFAs).

The series 1 delivered positive real and competitive risk-adjusted return on investment in 2025 and paid distribution to Unitholders in April and November 2025 despite prevailing macroeconomic headwinds; thus, reaffirming the relevance of private debt as a resilient income-generating asset class that offers protection against inflation.