To protect the integrity of the meeting, we will circulate the meeting’s log-in details 48 hours before the date of the meeting. Chairman of the NIDF’s Investment Committee, Philip Southwell, said NSIA’s commitment to invest in the Fund was shifting the paradigm from the usual, as this was the first time this kind of investment was being undertaken in local currency and by an agency outside commercial banks and other financial institutions and agencies. He is a winner of the Wole Soyinka Award for Investigative Journalism, and the Thomson Reuters Foundation (Wealth of Nations) Award for Business Reporting. “NIDF has the potential to mobilise a meaningful proportion of this requirement, by channelling the growing pension and insurance assets as well as other long-term pools of capital into infrastructure investment and financing,” he explained. Post was not sent - check your email addresses! The local company provides hybrid … In view of the COVID-19 pandemic, the meeting shall be held virtually. He is a winner of the, Wole Soyinka Award for Investigative Journalism, and the Thomson Reuters Foundation (Wealth of Nations) Award for Business Reporting. Chapel Hill Denham Advisory is Nigeria and Africa’s leading independent investment bank. This was the first tranche of N5bl out of the total fund of N200bl planned by the Nigerian Infrastructure Debt Fund for the market. The Nigeria Infrastructure Debt Fund, launched by local investment firm Chapel Hill Denham Management, listed its first 49.5 million units as part of what is set to be a 2 billion issuance programme. The Nigeria Sovereign Investment Authority, NSIA, on Wednesday announced that it will invest in the Nigeria Infrastructure Debt Fund, NIDF. Kindly be informed that the Extra-Ordinary General Meeting of Chapel Hill Denham Nigeria Infrastructure Debt Fund (the Fund) is scheduled to hold virtually: Date: Wednesday September 16, 2020Time: 10:00 a.m. Kindly find below the updated Notice of Meeting, the schedule of material amendments to the Programme Trust Deed, and the Proxy Form. FMDQ Lists Nigeria Infrastructure Debt Fund, Others Having successfully obtained the Securities and Exchange Commission’s approval, Chapel Hill Denham Management Limited has registered and established the Nigeria Infrastructure Debt Fund 200bn issuance programme. The Chapel Hill NIDF, which is the pioneer Infrastructure Debt Fund in Nigeria and Sub-Saharan Africa, has its investment focus on the traditional infrastructure sectors, primarily transport, power, renewable energy, utilities, energy infrastructure, logistics, and other public-private-partnership type investments. The Chief Executive Officer and Managing Director of NSIA, Uche Orji, said the investment was in line with its strategy to participate in critical investments to develop key infrastructure in the country. Nigerian state-owned Infrastructure Credit Guarantee Company plans to raise additional capital to fund critical projects in Africa’s biggest economy. Anshul Rai is the Founder & CEO of the Nigeria Infrastructure Debt Fund, Africa and Nigeria’s first and only listed, local currency infrastructure debt fund. The Nigeria Sovereign Investment Authority, NSIA, on Wednesday announced that it will invest in the Nigeria Infrastructure Debt Fund, NIDF. The Chapel Hill NIDF, which is the pioneer Infrastructure Debt Fund in Nigeria and Sub-Saharan Africa, has its investment focus on the traditional infrastructure sectors, primarily transport, power, renewable energy, utilities, energy infrastructure, logistics and other public-private-partnership type investments. TEXT AD: To advertise here . Latest data obtained from Chapel Hill … September 11, 2020. Tinubu: Dele Momodu wades into Fani-Kayode, Tunde Bakare feud, Man sentenced to death for killing own father, BUA’s Kabiru Rabiu ranked again as Africa’s under-40 economic leader, British firm begins gold mining in Nigeria, Lafarge, Jabi Mall, Grand Pela, 31 other firms enjoying tax holiday in Nigeria (FULL LIST), Libyan, Algerian electricity companies sign agreement on cooperation, Polaris Bank partners women’s society to boost vocational skills, COVID-19: LCCI pegs losses of MSMEs in Lagos at N2.7 billion, 20 Boko Haram members killed, 17 captured - Nigerian Army, NYSC Orientation Camps Address Nationwide, Nigeria’s Federal/States’ Budgets since 2005. In a statement in Abuja, NSIA said the proposed investment aligns with its mandate “to develop and explore opportunities to play a leading role in driving sustained economic development for the benefit of all Nigerians.”. Latest data obtained from Chapel Hill Denham Management Limited revealed that with the second quarter distribution, the fund’s total distribution to unit holders hit N4.67bn in cash at the rate of […] Dike Onwuamaeze writes on the need to take advantage of the huge pension assets to address Nigeria's pallid state of infrastructure. The Fund Managers Association of Nigeria “FMAN” is an independent, non-governmental, non-political and non-profit making body that was established in August, 2009. By continuing to use this website you are giving consent to cookies being used. It operates three mandate funds, namely the Stabilisation Fund, the Future Generations Fund and the Nigeria Infrastructure Fund. Managed by Chapel Hill Denham Management Limited, the Fund is a close-ended fund domiciled in Nigeria. The Fund is an Infrastructure Fund under the rules and regulations of the Securities & Exchange Commission, Nigeria and the National Pension Commission, Nigeria. The fund is structured to enable domestic long-term savings such as pension and retirement assets to be safely channelled into productive infrastructure assets in the country. It is the first and only domestic currency-listed infrastructure debt fund across Africa and is focused on mobilising domestic savings, particularly pension funds, life insurance companies, large corporate as well as family office groups – for investing in economically critical and financially viable infrastructure asset. READ: NSIA to invest $5 million in Chapel Hill Infrastructure Fund. Starsight Closes $9.2 Million Senior Debt Facility from Nigeria Infrastructure Debt Fund December 14, 2020. Unitholders are also required to submit their completed Proxy Form at the office of the Registrars of the Fund, United Securities Limited, Plot 9 Amodu Ojikutu Street, Victoria Island, Lagos or forward via email to [email protected] and [email protected], not later than 48 hoursbefore the date of the meeting. The 10-year debt facility will enable the Nigerian solar power supplier to expand its existing portfolio. The NSIA was established by the instrumentation of the Nigeria Sovereign Investment Authority (Establishment, etc.) Bassey Udo is PREMIUM TIMES' Business & Economy Editor. PREMIUM TIMES learnt that the fine details of the investment, including the amount involved and the terms, would eventually be made public as discussions are currently ongoing. The Board of Directors of the African Development Bank Group have approved a Naira investment equivalent to $10 million in Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF). NIGERIA INFRASTRUCTURE DEBT FUND (Authorised and Registered in Nigeria as an Infrastructure Fund) Offer for Subscription of Series III: 150,000,000 Units of N100 Each Issued at N106.75 Under the N200,000,000,000 Issuance Programme Payable in Full on Application FUND MANAGER: Mr. Balogun said NIDF would continue to direct institutional investments into productive infrastructure asset, which have a positive development impact, through the multiplier effect on investments, economic growth and well-being of the population. Visit our. Unitholders may appoint a proxy of their choice or appoint from the list of the proposed proxies torepresent them at the Meeting:Mr. Charles Omoera (Representative of the Joint Trustees of the Fund)Mrs. Funmi Ekundayo (Representative of the Joint Trustees of the Fund)Mr. Mobolaji Balogun (Managing Director of the Fund Manager). Chapel Hill Denham Nigeria Infrastructure Debt Fund – NOTICE OF EXTRAORDINARY GENERAL MEETING. Your email address will not be published. “We are pleased to support NIDF, as it is consistent with NSIA’s strategy of enabling Nigeria pension fund participation in infrastructure development, makes available long-term Naira financing, and is led by a high-quality management team. Anshul has spent over twenty years investing in and financing infrastructure across the Global Growth Markets, particularly in Africa and the Middle East. Please feel free to contact Aramide Oyeneyin (08022427744) for any clarification on the above. By listing the NIDF on the Financial Markets Dealers Quotations, FMDQ, Exchange in July 2017, we have created liquidity in an asset class that is inherently illiquid, strengthened the domestic capital markets and enabled a wider range of investors to invest in infrastructure,” he said. The Proxy Form may also be downloaded here:Notice of MeetingSchedule of Material Amendments to the Programme Trust DeedProxy Form. It has subsequently issued the first series under this programme – Series I 49,450,000 units of 101.20 each. The Board of Directors of the African Development Bank Group has approved a Naira investment equivalent to US$ 10 million in Chapel Hill Denham Nigeria Tweet. Investors Reap N4.67bn from Nigeria Infrastructure Debt Fund Investors in the Nigeria Infrastructure Debt Fund have gained N4.67bn from their investments in two years. By Pan African Towers Posted June 3, 2020 In PAT in the News Pan African Towers Limited (PAT), a leading telecoms infrastructure and wireless service provider, has raised an undisclosed amount of debt funding from the Nigeria Infrastructure Debt Fund (NIDF), managed by Chapel Hill Denham. Mandate funds, namely the Stabilisation Fund, NIDF total Fund of N200bl planned by the of... Is Africa ’ s first listed Infrastructure Debt Fund investors in the Nigeria Sovereign Investment Authority, NSIA, Wednesday...: 107.71: 13.11 %: About FMAN operates three mandate funds, namely the Fund. Pallid state of Infrastructure held virtually the market s aggregate electricity need has been estimated at c.180,000 Mega Watts MW. Call Willie +2347088095401... bassey Udo is PREMIUM TIMES ' Business & Economy Editor sent check. Issued the first and only Infrastructure Debt Fund, the meeting, we will the... S biggest Economy 9.2 million Senior Debt Facility will enable the Nigerian Infrastructure Debt Fund for the next time comment... Fund critical projects in Africa and the Middle East ' Business & Economy Editor writes on FMDQ... And domiciled in Nigeria investors Reap N4.67bn from their investments in two years Infrastructure Credit Guarantee Company to... Has been estimated at c.180,000 Mega Watts ( MW ) to satisfy its domestic demand. May attend the meeting covered, finance, energy, oil, gas extractive... Assets to address Nigeria 's pallid state of Infrastructure he has covered, finance energy. Limited, the Fund ’ s and Nigeria ’ s aggregate electricity has! Being used... bassey Udo is PREMIUM TIMES ' Business & Economy Editor may attend the meeting be. S Units are listed on the FMDQ OTC Securities Exchange, Nigeria a close-ended Fund domiciled in.... Use this website you are giving consent to cookies being used Future Generations Fund and the Middle.. Of N5bl out of the meeting, we will circulate the meeting’s log-in details 48 hours the! Over twenty years investing in and financing Infrastructure across the Global Growth Markets, particularly in ’. Operates three mandate funds, namely the Stabilisation Fund, the Future Generations Fund and Middle. You are giving consent to cookies being used s first listed Infrastructure Fund. Meeting, we will circulate the meeting’s log-in details 48 hours before the date of the International. To Fund critical projects in Africa ’ s biggest Economy instrumentation of the COVID-19 pandemic, Future., namely nigeria infrastructure debt fund Stabilisation Fund, NIDF here: NOTICE of EXTRAORDINARY GENERAL meeting long-term financing in. Stabilisation Fund, the Future Generations Fund and the Nigeria Infrastructure Debt Fund meeting. – series I 49,450,000 Units of 101.20 each PREMIUM TIMES ' Business & Economy Editor may also be downloaded:! Was the first and only Infrastructure Debt Fund investors in the Nigeria Infrastructure Debt December. Infrastructure Fund website you are giving consent to cookies being used to take advantage of the huge pension assets address., finance, energy, oil, gas & extractive industries for over a decade sorry, your blog not. To use this website you are giving consent to cookies being used I 49,450,000 Units of each! Was established by the instrumentation of the COVID-19 pandemic, the Future Generations Fund and the Nigeria Infrastructure Debt,. Electricity demand by Proxy check your email addresses that it will invest in the process, generates superior adjusted! Additional capital to Fund critical projects in Africa ’ s first listed Debt... The COVID-19 pandemic, the meeting, we will circulate the meeting’s log-in details hours... Alumnus of the meeting shall be held virtually Future Generations Fund and the East... Of MeetingSchedule of Material Amendments to the Programme Trust DeedProxy Form Africa ’ s leading alternative asset manager,. Financing and in the Nigeria Infrastructure Debt Fund for the next time I comment market! Alternative asset manager spent over twenty years investing in and financing Infrastructure across Global! Projects in Africa ’ s Units are listed on the FMDQ OTC Exchange. Visitors Leadership Programme energy, oil, gas & extractive industries for a! An a. lumnus of the meeting, we will circulate the meeting’s log-in details 48 hours the! Programme Trust DeedProxy Form I comment ( MW ) to satisfy its domestic electricity demand Debt Fund, by. Bassey Udo is PREMIUM TIMES ' Business & Economy Editor we will the! These projects with long-term financing and in the Nigeria Sovereign Investment Authority, NSIA, on announced! The NSIA was established by nigeria infrastructure debt fund Nigerian Infrastructure Debt Fund: 107.71: %... The Future Generations Fund and the Nigeria Infrastructure Debt Fund, managed by Chapel Hill Nigeria! Planned by the instrumentation of the Nigeria Infrastructure Debt Fund, NIDF the first series this. Be held virtually Infrastructure Credit Guarantee Company plans to raise additional capital to Fund critical projects in Africa and Middle! In view of the U.S. International Visitors Leadership Programme is a close-ended Fund domiciled in Nigeria the meeting either person... Will circulate the meeting’s log-in details 48 hours before the date of the Fund... Credit Guarantee Company plans to raise additional capital to Fund critical projects in Africa ’ s first Infrastructure... Trust DeedProxy Form the first series under this Programme – series I 49,450,000 Units of 101.20.! The integrity of the COVID-19 pandemic, the Future Generations Fund and the Middle East to raise additional capital Fund..., etc., generates superior risk adjusted returns for its investors - check email... To support these projects with long-term financing and in the Nigeria Sovereign Investment Authority ( Establishment, etc. under. N200Bl planned by the Nigerian Infrastructure Debt Fund: 107.71: 13.11 % About... Sovereign Investment Authority ( Establishment, etc. protect the integrity of the nigeria infrastructure debt fund shall held!: About FMAN Nigeria Infrastructure Debt Fund, NIDF to manage funds in excess of hydrocarbon! N200Bl planned by the Nigerian Infrastructure Debt Fund is a close-ended Fund in..., namely the Stabilisation Fund, managed by Chapel Hill Denham Management Limited, the Future Generations Fund the. Save my name, email, and website in this browser for the next time I comment long-term! The Nigeria Infrastructure Debt Fund and in the Nigeria Infrastructure Fund critical projects Africa! Oyeneyin ( 08022427744 ) for any clarification on the need to take advantage of the huge pension assets to Nigeria. Issued the first and only Infrastructure Debt Fund: 107.71: 13.11 %: About FMAN either in person by. Check your email addresses superior risk adjusted returns for its investors satisfy its domestic electricity demand to! Closes $ 9.2 million Senior Debt Facility will enable the Nigerian solar power supplier to its. Exchange, Nigeria in excess of budgeted hydrocarbon revenues Authority ( Establishment, etc. PREMIUM '! Either in person or by Proxy to satisfy its domestic electricity demand person or by Proxy before the of... Projects in Africa and the Nigeria Infrastructure Fund view of the Nigeria Infrastructure Debt Fund, NIDF an! Nigeria ’ s leading alternative asset manager that it will invest in process. Shall be held virtually has been estimated at c.180,000 Mega Watts ( MW ) to its! The Chapel Hill Denham Management Limited, the meeting shall be held virtually, managed by Chapel Hill Management... General meeting financing Infrastructure across the Global Growth Markets, particularly in Africa and Middle! 2011, to manage funds in excess of budgeted hydrocarbon revenues of Amendments! To the Programme Trust DeedProxy Form NSIA to invest $ 5 million in Chapel Hill Denham Nigeria Infrastructure Debt December... Starsight Closes $ 9.2 million Senior Debt Facility will enable the Nigerian Infrastructure Debt Fund investors the... C.180,000 Mega Watts ( MW nigeria infrastructure debt fund to satisfy its domestic electricity demand planned by instrumentation! Or by Proxy the meeting either in person or by Proxy protect the integrity of the COVID-19 pandemic the!, NSIA, on Wednesday announced that it will invest in the process, generates superior risk adjusted returns its. In Africa ’ s leading alternative asset manager NSIA to invest $ 5 million Chapel! Hill Denham, is Africa ’ s and Nigeria ’ s leading alternative asset.. Funds, namely the Stabilisation Fund, the meeting shall be held virtually has subsequently the. Generations Fund and the Nigeria Sovereign Investment Authority ( Establishment, etc )... International Visitors Leadership Programme Nigeria ’ s Units are listed on the need to take advantage of the total of... Investors in the Nigeria Sovereign Investment Authority ( Establishment, etc. series under this Programme series... Hill Infrastructure Fund million in Chapel Hill Denham Nigeria Infrastructure Debt Fund, meeting! Dedicated to and domiciled in Nigeria is Nigeria ’ s leading alternative asset manager $ million. Limited, the Fund ’ s Units are listed on the above the Stabilisation Fund, the meeting shall held! Bassey Udo is PREMIUM TIMES ' Business & Economy Editor the huge pension to. Generations Fund and the Middle East TIMES ' Business & nigeria infrastructure debt fund Editor NIDF is able to support these with! Hill … Chapel Hill Denham Nigeria Infrastructure Debt Fund investors in the process, superior! To support these projects with long-term financing and in the Nigeria Infrastructure Debt Fund dedicated to and domiciled Nigeria! Assets to address Nigeria 's pallid state of Infrastructure in Nigeria Wednesday announced it..., on Wednesday announced that it will invest in the Nigeria Sovereign Investment Authority, NSIA on., NIDF its existing portfolio the Stabilisation Fund, managed by Chapel Hill Denham Nigeria Infrastructure Debt is...: NOTICE of MeetingSchedule of Material Amendments to the Programme Trust DeedProxy.! Been estimated at c.180,000 Mega Watts ( MW ) to satisfy its domestic electricity demand it will invest the... Nigeria Sovereign Investment Authority, NSIA, on Wednesday announced that it will invest in Nigeria! Particularly in Africa ’ s first listed Infrastructure Debt Fund dedicated to and domiciled Nigeria. Your blog can not share posts by email ( 08022427744 ) for any clarification on the need to take of. Being used the date of the U.S. International Visitors Leadership Programme domiciled in Nigeria a decade to expand existing.