The Fund is designed to bridge the gap between the long-term
funding needs of promoters of infrastructure projects and the needs of
investors with long-term capital. It is structured as a close-ended collective
investment scheme, and seeks to provide competitive returns above the benchmark
Federal Government of Nigeria 10-year bond yield.
Speaking about the development, Dolu Olugbenjo, Chief
Investment Officer, Stanbic IBTC Infrastructure Fund, said, “Subsequent to the
deployment of Series I proceeds, we are pleased to present the Offer to
investors to support a robust pipeline of investment opportunities currently
under our review.
These include infrastructure and infrastructure-related
project opportunities in healthcare, transport, logistics, renewable power and
energy, amongst others.”