ARM Investment Managers lists ₦10bn private debt fund on FMDQ

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• ‎ARM Investment Managers has secured a ₦10bn private debt fund listing on FMDQ Exchange, a fresh boost for Nigeria’s private debt market.
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• ‎Investors now have a new, exchange-listed option for private debt exposure, with units priced at ₦1.00 each.
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• ‎FMDQ says the listing will channel long-term capital to private sector businesses and deepen Nigeria’s capital markets.
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‎Nigeria’s private debt market has gained a new listed product. Confiance News has learned that FMDQ Securities Exchange Limited (FMDQ Exchange) has approved and listed 10 billion units of ARM Investment Managers Limited’s Series 1 Private Debt Fund on its platform.
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‎A statement sighted by Confiance News shows that the units were listed at ₦1.00 each under the fund’s ₦200bn Issuance Programme. The approval came from the Exchange’s Board Listings and Markets Committee. According to the statement, the decision reflects FMDQ Exchange’s drive to widen investment options and support the growth of the private debt market.
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‎𝗪𝗵𝗼 𝗶𝘀 𝗯𝗲𝗵𝗶𝗻𝗱 𝗶𝘁
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‎ARM Investment Managers is an asset management firm that provides investment solutions to both institutional and individual investors. Documents reviewed by Confiance News confirm that the firm is sponsored by ARM Capital Limited, a Registration Member (Listings) of FMDQ Exchange.
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‎Furthermore, the statement noted that the listing gives investors a channel to take part in private debt investments. It also supports the flow of long-term capital to the financing needs of the private sector across the Nigerian economy.
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‎𝗦𝗲𝗸𝗼𝗻𝗶 𝗼𝗻 𝗽𝗿𝗶𝘃𝗮𝘁𝗲 𝗱𝗲𝗯𝘁
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‎Commenting on the development, Ms. Tumi Sekoni, Group Chief Operating Officer of FMDQ Group PLC, described the listing as an important step in widening the range of investable securities in the country’s capital markets.
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‎”As private debt continues to gain relevance as an alternative financing channel for businesses, credible market infrastructure remains essential to connecting capital providers with investment opportunities,” she was quoted as saying in the statement obtained by Confiance News.
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‎She added that FMDQ Exchange remains committed to offering a transparent and credible platform that facilitates capital formation and supports the development of Nigeria’s financial markets.
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‎𝗠𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝘁𝗲𝗴𝗿𝗶𝘁𝘆 𝗳𝗼𝗰𝘂𝘀
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‎In addition, the statement stressed that FMDQ Exchange’s listings framework, governance standards and commitment to market integrity continue to open access to diverse financing and investment opportunities. As a result, issuers and fund managers can reach a wider pool of investors, while the wider capital market benefits from growth and diversification, according to the document seen by Confiance News.
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‎FMDQ ecosystem
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‎FMDQ Group PLC describes itself as Africa’s first vertically integrated financial market infrastructure (FMI) group. It provides end-to-end services across the financial markets value chain. These include registration, listing, quotation and noting services, integrated trading platforms, clearing and central counterparty services, settlement, securities depository services, and market data and information services.
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‎The Group’s services span the debt capital, foreign exchange, derivatives and equity markets. It operates through four wholly owned subsidiaries: FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited.
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‎Finally, the statement said the Group, through FMDQ Exchange, operates FMDQ Green Exchange, which it calls Africa’s premier green exchange, positioned to lead the transition to a sustainable future.
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