FCMB-TLG Private Debt Fund Series II closes oversubscribed at ₦20.69 billion

TLG Capital and FCMB Asset Management Limited (FCMBAM) have announced the successful close of the FCMB-TLG Private Debt Fund Series II, raising ₦20.69 billion ($14.90 million) against a target of ₦20 billion ($14.40 million). The Series II issuance forms part of the fund’s broader ₦100 billion ($72 million) programme, underscoring growing investor confidence in Nigeria’s private debt market. The offer attracted 22 investors, including 12 pension fund administrators (PFAs).