Nigerian Infrastructure Fund (NiFund), an investment management company whose target is investment opportunityies in high growth sectors in Nigeria, has launched the Nigerian Infrastructure Fund Segregated Portfolio (SP) with a target size of US$2 billion.

Nigerian Infrastructure Fund SP will have an investment horizon of seven years with up to two more years for asset divestment. 

The fund, which is managed by Aaron Smith, Managing Director of Pecora Capital and Jeffrey Harpur, Head of Risk Management of the firm, will aim to provide investors with an opportunity to make important returns in Nigeria fast growing economy. 

In addition, the Fund will also aim to tap into projects that strengthen institutions, human capacity, critical processes, tools and foundational services such as logistics systems for delivering agricultural products to markets. 

According to sources, Managing Director of Pecora Capital, Aaron Smith, said:

"Investment in the infrastructure sector is vital for the socioeconomic of Nigeria and the aim is to attract foreign investors to fund critical national infrastructure projects with an overarching aim to deliver a strong return on investments."

“Through infrastructure development in Nigeria, NiFund will act as a catalyst for future growth and prosperity in the country.”