ARM-Harith Infrastructure Investment Limited (“ARMHIIL”), is a Joint Venture between Asset & Resource Management Company Ltd (“ARM”) of Nigeria and Harith General Partners (Pty) Ltd (“Harith”) of South Africa. ARMHIIL is the Fund Manager of the ARM-Harith Infrastructure Fund (“ARMHIF”). ARMHIF is the first Infrastructure Fund to have been approved by the Nigerian Securities and Exchange Commission by reference to its new Infrastructure Fund rules.
ARMHIF (“the Fund”) is a pioneering, indigenously-developed and managed US$250 million target closed-ended specialist Infrastructure Fund with core focus on Transport, Energy, and Utilities projects in West Africa. The Fund is conceptualized as a vehicle through which investors with an affinity for infrastructure investment can derive stable and predictable returns on investments, as well as access a wide variety of infrastructure assets across various sectors of the West African and Nigerian economy. The Fund invests equity in transportation, energy and utilities infrastructure projects, including both brownfield and Greenfield assets, to enhance showcase generation and returns for investors.