AVA INFRASTRUCTURE FUND

AVA Infrastructure Fund (AVA IF) operates as a closed-end fund, officially registered with the Securities and Exchange Commission in Nigeria. The Fund's establishment reflects a strategic initiative to channel institutional capital toward addressing the significant infrastructural deficits prevalent across Nigeria. It functions as a key offering within the broader AVA Capital Group, an entity that commenced its operations in 2018-2019, evolving through a rebranding process that saw companies like Elixir Capital Partners Limited become AVA Capital Partners Limited and Nachtwey Limited transform into AVA Global Asset Managers Limited, which serves as the Fund Manager for AVA IF. The core business model of AVA Infrastructure Fund centers on providing debt financing for infrastructure projects, aiming to deliver consistent and reliable income to its unitholders. The Fund focuses on projects and businesses that offer essential economic and social services, demonstrate predictable cash flows, and utilize long-lived assets. Its investment scope is primarily directed at infrastructure development within Nigeria, encompassing vital sectors such as power, gas distribution, processing and storage, transportation, urban and social infrastructure, utilities, agribusiness and supporting infrastructure, and telecommunications. Key transactional parties facilitating its operations include STL Trustees Limited as the Trustee, United Bank of Africa Plc as the Custodian, and Cordros Registrars Limited as the Registrar.