Immersive Capital

Legal & risk disclosures

Important disclosures.

The following disclosures, footnotes and risk disclaimers govern all information published on this website, including figures, targets, imagery and forward-looking statements. Please read them in full.

Footnotes

Numbered references to figures, methodology and imagery used across this website.

  1. 1.

    Market sizing, urbanization and infrastructure-deficit figures shown across this website are illustrative estimates drawn from public sources including the African Development Bank, UN-Habitat, the IEA Africa Energy Outlook and the GSMA. Figures are refreshed periodically and will be replaced with per-market cited data as it becomes available.

  2. 2.

    Target hold periods shown for each vertical represent expected asset-level holding ranges at the point of underwriting. Actual hold periods may be materially shorter or longer depending on market conditions, capital availability, regulatory change and exit opportunity.

  3. 3.

    Return drivers described for each vertical (development margin, rental yield, contracted tariff yield, lease-based recurring yield, equity appreciation) describe the intended economic mechanism of an asset class. They are not forecasts, projections or guarantees of return.

  4. 4.

    Target average cash yield, where shown, is calculated by taking the average of an asset's projected annual net cash flows and dividing by the initial equity investment amount. Projections are unaudited and have not been independently verified.

  5. 5.

    References to a "diversified" or "more diversified" portfolio refer to investing across a wider variety of asset classes and geographies, most commonly in comparison with a portfolio consisting entirely of publicly traded assets. Diversification does not ensure a profit or protect against loss.

  6. 6.

    Renderings, master-plan visuals, site imagery and project illustrations shown on this website may be conceptual or representative and may not depict a completed, contracted or currently live asset. Such imagery is for illustrative purposes only.

No offer, no solicitation

No communication by Immersive Capital or any of its affiliates (collectively, "Immersive Capital"), through this website or any other medium, should be construed as or is intended to be a recommendation to purchase, sell or hold any security, or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice. Nothing on this website is intended as an offer to extend credit, an offer to purchase or sell securities, or a solicitation of any securities transaction.

No offer or sale of any interest in any fund, vehicle or project sponsored or managed by Immersive Capital will occur without the delivery of confidential offering materials and related documents. Information on this website is preliminary and general, is intended for initial reference purposes only, does not summarize or compile all applicable information, and is qualified in its entirety by the more detailed information contained in the applicable offering materials.

Not investment advice; no fiduciary capacity

The material contained on this website is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy, sell or hold a security or investment strategy, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, nor does it suggest any specific course of action.

The information represents Immersive Capital's view of the current market environment as of the date appearing on the relevant material. There can be no assurance that any Immersive Capital vehicle or investment will achieve its objectives or avoid substantial losses. Investment decisions should be made based on an investor's own objectives and circumstances and in consultation with their own investment, tax, financial and legal advisors.

Forward-looking statements and estimated results

Any financial targets, yields, internal rates of return, development margins or other returns shown on this website are estimated predictions of performance only. They are hypothetical, are not based on actual investment results, and are not guarantees of future results. Estimated targets do not represent or guarantee the actual results of any transaction, and no representation is made that any transaction will, or is likely to, achieve results or profits similar to those shown.

Other financial metrics and calculations shown on this website — including amounts of capital deployed, principal and interest repaid, occupancy, generation capacity or contracted revenue — have not been independently verified or audited and may differ from the actual metrics and calculations for any investment. Past performance is not indicative of future results.

Risk of loss; private placements

Investments in private placements and private infrastructure are speculative and involve a high degree of risk. Investors who cannot afford to lose their entire investment should not invest. Investors may receive illiquid and/or restricted securities that may be subject to holding period requirements and liquidity constraints. Investments of this type are highly illiquid, and investors who cannot hold an investment for the long term (typically at least eight to fifteen years for infrastructure and real assets) should not invest.

Private placement investments are NOT bank deposits, are NOT insured by any deposit-insurance scheme or governmental agency in any jurisdiction, are NOT guaranteed by Immersive Capital or any other party, and MAY lose value. No securities commission or regulatory authority in Nigeria, or in any other jurisdiction, has recommended or approved any investment or passed upon the accuracy or completeness of any information or materials provided by or through this website.

Investing in the securities, projects or real-property investments described on this website carries risks including, but not limited to, market risk, credit and counterparty risk, construction and completion risk, interest-rate risk, currency and convertibility risk, regulatory, political and expropriation risk, off-take and tariff-collection risk, and the risk of losing some or all of the money invested.

Suitability and investor eligibility

Investments described on this website are only suitable for qualified, professional or accredited investors (as defined in the relevant jurisdiction) who understand and are willing and able to accept the high risks associated with private, long-duration infrastructure investments, and who have low liquidity needs.

Before investing, prospective investors should: (1) conduct their own investigation and analysis; (2) carefully consider the investment and all related charges, expenses, uncertainties and risks, including all uncertainties and risks described in the offering materials; and (3) consult with their own investment, tax, financial and legal advisors. Real assets and other alternative investments should form only part of an overall investment portfolio.

Information accuracy and third-party content

All research and other information provided on this website has been prepared for informational purposes only. Immersive Capital assumes no liability or responsibility for any errors or omissions in the content of this website or of any linked website. Any investment information contained herein has been secured from sources that Immersive Capital believes to be reliable, but we make no representations or warranties as to the accuracy or completeness of such information and accept no liability therefor.

Articles or information from third-party media outside of this domain may discuss Immersive Capital or relate to information contained here, but Immersive Capital does not approve and is not responsible for such content. Hyperlinks to third-party sites, or reproduction of third-party articles, do not constitute an approval or endorsement by Immersive Capital of the linked or reproduced content.

Partners, service providers and regulatory status

References to development finance institutions, multilateral lenders, banks, government agencies or corporate partners on this website describe categories of institution with which Immersive Capital seeks to work, or with which it has engaged, and do not imply endorsement, sponsorship, an existing commitment or an approved facility unless expressly stated in writing.

Immersive Capital is not registered as a broker-dealer. Where regulated activity is required in a given jurisdiction, it is undertaken through appropriately licensed affiliates or third parties. Banking, payment, custody, fund administration and advisory services, where applicable, are provided by independent third-party institutions and not by Immersive Capital itself. Immersive Capital makes no representation or warranty to any prospective investor regarding the legality of an investment in any Immersive Capital vehicle in that investor's jurisdiction.

Public-sector engagements

Descriptions of partnership structures — including land-for-equity, build-operate-transfer, joint venture and concession or off-take arrangements — set out models Immersive Capital is prepared to negotiate. They do not represent executed agreements with any government or public institution unless expressly identified as such, and any such arrangement remains subject to applicable procurement law, approvals and definitive documentation.

Cookies, analytics and marketing

This website may use cookies and third-party analytics services to understand site usage and to improve content. Where a third-party service is used to match browser cookies to a mailing or contact address for marketing purposes, Immersive Capital does not receive or store that underlying matching data, and our third-party providers do not sell or provide that information to any other company or service. Enquiry-form submissions are used solely to respond to the enquiry and are handled in accordance with applicable data-protection law.

Summary statement

This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or interest in any fund or vehicle managed by Immersive Capital. Any such offer will be made only to qualified investors by means of definitive offering documents containing full terms and risk disclosures. Infrastructure and private-market investments involve substantial risk, including illiquidity, currency risk, regulatory and political risk, and possible loss of principal. Past performance is not indicative of future results.

Last updated 2026. Immersive Capital reserves the right to amend these disclosures at any time.