Coronation Asset Management Limited is pleased to announce the successful closure of the Series 1 Offer of the Coronation Infrastructure Fund (CIF), raising an impressive N8.79 billion. This remarkable achievement represents the highest subscription level ever recorded in the market for a debut infrastructure fund, with a subscription rate of 43.95%. This issuance marks a significant milestone as it achieved the highest subscription percentage in the market for a debut infrastructure fund, surpassing the previous rates of 33.75% and 24.70% recorded by the similar organizations. Additionally, it represents the largest amount raised in the market for a maiden infrastructure fund. Oladele Aki
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