Coronation Group has introduced the official itemizing of the Coronation Infrastructure Fund (CIF) on the Most important Board of the Nigerian Change, following its earlier debut in 2024.
In a press release launched on twenty fifth August 2025, the corporate revealed that 87.9 million models of the fund have been listed on the alternate the identical day because the announcement.
Priced at N100 per unit with a complete worth of N8.79 billion, Coronation described CIF as a liquid funding product aimed toward attracting robust market participation.
Talking on its goal buyers, the corporate famous: “For these in search of long-term publicity to infrastructure-led progress, CIF presents a compelling and professionally managed platform.”
The fund is managed by Coronation Asset Administration Ltd, the group’s asset administration subsidiary, which described the itemizing as a milestone in Nigeria’s different funding panorama.
Feedback:
Aigbovbioise Aig-Imoukhuede, Chief Government Officer of Coronation Asset Administration, defined that the initiative aligns with the agency’s philosophy of making merchandise that drive financial impression.
“At Coronation, our perception is straightforward—nice merchandise can form economies. The Coronation Infrastructure Fund is one such product: rooted in deep market perception, backed by robust governance, and constructed to generate wealth sustainably,” he stated.
He added that the fund is designed to assist deal with Nigeria’s infrastructure deficit by channeling long-term capital into essential sectors.
Echoing this view, Mayowa Ikotun, Head of the Coronation Infrastructure Fund, emphasised the broader significance of the itemizing. “CIF’s itemizing marks a turning level. It’s the second infrastructure investing turns into democratized via our product providing. That is what we do at Coronation: turning imaginative and prescient into investable outcomes,” he acknowledged.
The event follows the profitable shut of the Sequence 1 Supply of the Coronation Infrastructure Fund in 2024, which raised N8.79 billion.
Backstory:
In 2024, Coronation Asset Administration Restricted issued its collection 1 devices, asserting the profitable shut of the provide in June with a capital elevate of N8.79 billion.
- On the time, the corporate reported a subscription price of 43.95%, which it famous was the very best recorded within the Nigerian marketplace for a debut infrastructure fund.
- The subscription degree surpassed earlier debut charges of 33.75% and 24.70% recorded by related establishments, and it additionally accounted for the most important quantity raised for a maiden infrastructure fund out there.
With its newest itemizing on the Nigerian Change, the agency has moved into fairness elevating via the Coronation Infrastructure Fund.
To get our unique purchase, promote or maintain views on shares and controlled investments, subscribe to .
Be First to Comment