2025-12-30 13:30:00
According to Punch, FCMB Asset Management has received regulatory approval to issue up to ₦20bn under the FCMB‑TLG Private Debt Fund Series II, opening the door for a new fundraising cycle.
The report said the approval moves the manager from documentation into rollout, targeting investors seeking structured private‑debt exposure in Nigeria’s tightening credit environment.
Market participants see private debt funds gaining traction as investors balance yield goals with a preference for managed credit structures over direct lending.
Nairametrics reported the same approval, describing the Series II clearance as “a significant milestone” for the fund’s strategy. TheCable also carried a company‑style update stating the manager “has received regulatory approval,” referencing the execution of transaction documents following the approval.
Echotitbits take: Private debt is becoming a key middle lane between bank loans and public bonds. Watch the pricing terms, sector allocation, and whether the fund leans into ESG‑style screening or purely yield‑driven credit.
Source: The Punch — December 30, 2025 (https://punchng.com/fcmb-tlg-private-debt-fund-gets-approval-for-series-ii-issuance/)
The Punch 2025-12-30
Photo Credit: The Punch