Coronation Infrastructure Fund's Net Asset Value Hits N9.82b
The Coronation Infrastructure Fund has reported a net asset value of N9.82 billion, driven by strong portfolio returns and strategic investments in housing and student accommodation. The fund aims to address Nigeria's massive infrastructure deficit through private capital deployment.
Why it matters
Private infrastructure funds are increasingly vital in filling the gap left by limited public spending in developing economies.
The Coronation Infrastructure Fund has reported that its net asset value has officially reached N9.82bn, backed by an impressive 20.69 per cent gross portfolio return and a weighted average yield of 19.18 per cent. This is contained in the company’s quarterly investor report for the period ending 30 June 2026, delivering strong results that underscore the resilience of disciplined infrastructure investing in a complex macroeconomic climate. Driven by senior-secured floating-rate debt strategies, the portfolio continues to provide investors with real returns, significantly outperforming headline domestic inflation and Federal Government of Nigeria bond yields. Highlighting the fund’s execution strategy in a regulatory filing on Friday, 17 July 2026, the Head, Coronation Infrastructure Fund, Mayowa Ikotun, said, “The second quarter of 2026 reaffirmed a core principle of infrastructure investing, durable value is created through disciplined execution.
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