Funds

Watershed Energy Fund (WEF) aims at supporting sustainable energy development and use in Nigeria. The Fund is targeted at sustainable energy project. This includes renewable energy, Gas processing utilisation, power and energy logistics. The goal of this Fund is to promote energy accessibility, affordability, reliability and sustainability. To ensure the viability and sustainability of the fund, the proceeds of the Fund are deployed to energy project with committed off-takers with high barriers to entry. There must also be a clear identification of demand-supply gap in the market, while the project promoters must have access to critical resources that makes the project technically feasible, commercially viable and economical profitable.

Watershed Gender Fund (WGF) is specially to provide investment option for discerning investors. The proceeds of the fund is targeted at female gender bias businesses and projects. This include businesses that are owned by women folks, businesses that managed by women, businesses whose products are targeted at women folks and businesses whose majority of employees are women. The Fund enables investors to benefit from premium risk-adjusted return on their investments. WGF will invest in cash-yielding project with:

• predictable cash flows derived from long-term offtake agreements and/or concessions and/or monopolistic assets
• first mover advantage or first priority in cashflow waterfall and senior lien on the project assets
• floating rate returns and capture return premium available from being a scare source of long-term funding
• focus on capital preservation

Watershed Infrastructure Fund (WIF) is created to provide investors opportunities to invest in infrastructure asset class while benefiting from predictable returns available from long-dated infrastructure debt investments. The investment focus of WIF is on the traditional infrastructure sectors such as transport, utilities, agricultural infrastructure (e.g. storage facilities, agricultural processing plants), and other viable public-private-partnership type investments. The purpose of the Fund is to provide long term senior debt that will enhance viability of such projects. Watershed Infrastructure Fund provides leverage for the qualified projects by making available long-term financing and thereby creating superior, risk adjusted returns for its investors, almost entirely in the form of running yield. WIF will invest in cash-yielding project with:

• predictable cash flows derived from long-term offtake agreements and/or concessions and/or monopolistic assets
• first mover advantage or first priority in cashflow waterfall and senior lien on the project assets
• floating rate returns and capture return premium available from being a scare source of long-term funding
• focus on capital preservation

Health Sector plays a very important role in the life of a people. “Health is wealth”. Watershed Health Sector Fund (WHSF) intends to support health infrastructure in Nigeria. Whilst providing risk-adjusted long-term returns for investors, the fund will continually provides required long-dated finance for projects that are poised to address infrastructure deficit in Nigeria. Nigerians spend over N… on medical tourism. The impact of this on the country’s foreign exchange is significant. Critical health infrastructure such as specialised hospitals, radiology facilities, Diagnostic projects and so on will be able to access the Fund. WHSF will invest in cash-yielding project with:

• predictable cash flows derived from long-term offtake agreements and/or concessions and/or monopolistic assets
• first mover advantage or first priority in cashflow waterfall and senior lien on the project assets
• floating rate returns and capture return premium available from being a scare source of long-term funding
• focus on capital preservation