Launched in May 2024, the FCMB-TLG Private Debt Fund is a 10-year, closed-ended fund registered with the Nigerian Securities and Exchange Commission. Managed by FCMB Asset Management with technical support from TLG Capital, the fund achieved a ₦10 billion first series as part of a ₦100 billion programme.

The fund provides long-term, Naira-denominated debt to high-impact businesses and SPVs across agriculture, healthcare, education, clean energy, transport & logistics, and technology. By offering local currency financing, it helps mitigate FX risk for borrowers.

Backed by 19 Nigerian pension funds, the fund represents a landmark shift in local institutional capital supporting private sector growth. It is designed for qualified institutional and high-net-worth investors seeking returns above government bonds, alongside meaningful social impact.