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00. Utica Capital

U - film
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About

01. Fund Story

The Utica Film Fund is a close-ended, specialized fund registered with the Securities and Exchange Commission in Nigeria. Its core objective is to deliver strong returns and consistent income streams to Unitholders, while bridging the funding gap in Nollywood by providing capital to Nigerian-led film projects, companies, and special purpose vehicles (SPVs).

The Fund strategically invests in essential products and services within the film industry, focusing on projects that generate strong, predictable cash flows in both local and foreign currencies. This approach ensures not only sustainable growth but also long-term value creation for investors.

Nollywood, the world’s second-largest film industry after Bollywood, produces more than 1,500 films annually, ranging from cinema blockbusters to beloved home classics. With the rapid growth of cinemas and streaming platforms, Nollywood has expanded beyond local screens to global prominence — breaking box office records, attracting over 35 million daily views, and contributing 1.4% to Nigeria’s GDP in Q4 2024.

The Utica Film Fund positions investors at the heart of this thriving industry, combining financial discipline with the creativity and global potential of Nigerian cinema.

Committee

02. Advisory Committee

The Utica Film Fund is guided by a distinguished Advisory Committee made up of leaders in film, finance, and culture. Their expertise ensures that every decision we make is rooted in industry insight, financial integrity, and a commitment to storytelling excellence. The committee provides strategic direction, evaluates opportunities, and supports the Fund’s mission to bridge capital with creativity, empowering filmmakers while delivering value to investors.

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    FEMI ADEBAYO

    Femi Adebayo is a celebrated actor, producer, and director whose work bridges Yoruba and English cinema. Known for hits like Owo Blow, King of Thieves, and Jagun Jagun, he brings culture-rich storytelling and powerful performances to Nollywood. A trained lawyer turned filmmaker, Femi uses his craft to inspire, entertain, and preserve African heritage on screen.

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    KACHI OFFIAH

    Kachi Offiah is a Nigerian media personality and television host with a passion for storytelling and the creative arts. Currently, she hosts ARISE 360 and Trending with Kachi Offiah on ARISE News, where she covers entertainment, culture, and global events. A graduate of Baze University with an LL.B in Law, Kachi began her career as a radio presenter at 99.9 Kiss FM in Abuja before transitioning to television. She co-founded Kavita, a platform dedicated to creating structures for creatives, and is committed to empowering Nigerian filmmakers and artists.

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    OLA BELGORE

    Ola Belgore is a seasoned finance professional with over 20 years of experience across stockbroking, asset management, portfolio advisory, and business development. A Microbiology graduate from the University of Lagos with an MBA in International Business from Lincoln University, USA, he began his career at TRW Stockbrokers in 2003 before joining Meristem Securities, where he rose to pioneer and lead the Wealth Management Department. He later drove group-wide business development at Meristem and went on to serve as Managing Director of Afrinvest Asset Management, creating and managing multiple investment funds.

    Recognized for his strategic insight and leadership, Ola is a member or fellow of several professional bodies including CISI, ANIM, CIBN, IAPM, CiArb, and CBAN. His career reflects deep expertise, objectivity, and passion, with a track record of influencing policies, building institutions, and consistently driving growth and innovation in Nigeria’s financial sector.

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    OMONI OBOLI

    Omoni Oboli is a celebrated Nigerian actress, filmmaker, and author known for her roles in The Figurine and Anchor Baby. She has directed and produced hits like Wives on Strike, Moms at War, and The Uprising: Wives on Strike 3, earning multiple international awards. A graduate of the University of Benin and the New York Film Academy, she continues to inspire through her films and creative work

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    RICHARD MOFE-DAMIJO

    Richard Evans Mofe-Damijo, popularly known as RMD, is a distinguished Nigerian actor, writer, producer, lawyer, and former journalist. Born on July 6, 1961, in Aladja, Delta State, Nigeria, he has been a significant figure in the Nigerian entertainment industry since the 1980s. RMD gained prominence with his role in the soap opera Ripples and further solidified his status as a leading actor in Nollywood.

    Beyond his acting career, RMD served as the Commissioner for Culture and Tourism in Delta State from 2009 to 2015. He has been honored with several accolades, including the Africa Movie Academy Award for Best Actor in a Leading Role in 2005 and a Lifetime Achievement Award at the 12th Africa Movie Academy Awards in 2016. In 2024, he received the Cultural Icon Award at the Silicon Valley African Film Festival, recognizing his enduring impact on the African film industry.

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    SANI MU’AZU

    Sani Mu’azu, also known as Makama Sani Mu’azu, is a veteran Nigerian actor, filmmaker, and media practitioner with a career spanning both Nollywood and Kannywood. Born on May 2, 1960, in Jos, Plateau State, he studied Mass Communication at the University of Jos and also trained at the National Institute of Journalism (NIJ), Lagos. Over the years, he has become one of the respected figures in the Nigerian film industry, contributing not only as an actor but also as a producer and industry leader.

    He has featured in several notable productions, including King of Boys where he played Inspector Shehu, Lionheart, and Voiceless. Beyond acting, Mu’azu has also made a mark as a producer, with his film Mountain Blues earning the Best Feature Film Award at the Abuja International Film Festival. His contributions to the creative industry go beyond the screen, as he has served in leadership roles, including being President of the Motion Picture Practitioners’ Association of Nigeria. Through his work, he continues to shape storytelling and representation in Nigerian cinema.

Committee

03. Investment Committee

The Investment Committee is made up of experienced professionals who guide the Utica Film Fund with expertise and integrity. They review each opportunity carefully, ensuring projects are financially sound, culturally impactful, and aligned with our vision.

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    DR. ORE SOFEKUN

    Dr. Sofekun is the Founder and Chief Executive Officer at Foothold Advisors, bringing experience from previous roles at Investment One Financial Services Limited, Investment One Financial Services, Cardinalstone Partners and Goldman Sachs.

    Her 20 years experience spans Venture Capital, Funds Management, Investment Banking, Management Consulting, and Manufacturing sectors. She holds a MBA (Management and Finance) from the University of Pennsylvania, and a Ph.D in Chemical Engineering from the Iowa State University.

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    MICHAEL OYEBOLA

    Mr. Michael Oyebola the founder & CEO of Money Counsellors is a brilliant internationally regarded Fund Manager.

    He has vast experience across asset & wealth management, advocacy and financial services, utilising wealth of financial, strategic and commercial insight to drive organizations forward on a local and global level.

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    EMMANUEL FATUSIN

    Emmanuel is a highly accomplished professional with over 20 years of diverse experience spanning Investment Banking, Consulting, Private Equity, Venture Capital, FMCG, and Technology.

    He has held senior leadership roles, including Director-level positions, and has a proven track record of driving strategic growth and operational excellence across global markets in Europe, Africa, Middle East and Asia.

    He has worked with various international organisations such as KPMG, Citi Bank, Fidelity International, Royal Bank of Scotland and Barclays Capital. He was former Group Head of Credit for Dangote Group.

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    FUNMI EKUNDAYO

    Funmi is a Fellow of both the Institute of Investment and Portfolio Managers, Portfolio Management Institute (Chartered) and an Honorary Senior Member of the Chartered Institute of Bankers, Nigeria.

    She joined STL Trustees (Formerly Skye Trustees Limited) as an Assistant General Manager, Business Development, from where she rose to become the MD/CEO of the Company. Funmi has distinguished herself in her area of core competence as a seasoned trust specialist engaging in the structuring of complex corporate finance, legal and trust instruments. Funmi Ekundayo has 25 years of work experience.

    Funmi is a Fellow and the First Female President of the Institute of Chartered Secretaries & Administrators of Nigeria. She is an associate member of the Institute of Chartered Secretaries & Administrators United Kingdom and served as the President of the Association of Corporate Trustees of Nigeria from 2014 - 2016.

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    EREIFEMI AKEREDOLU

    Ms. Ereifemi Akeredolu is the Managing Director of CardinalStone Trustees Limited. She was formerly the Head, Private Trust at United Capital Trustees Limited, a subsidiary of United Capital PLC.

    With over 15 years of experience in the financial services industry, her expertise spans Trust Services, Asset Management & Wealth Advisory, Fund & Portfolio Management, Retirement Benefit Administration, Personal Finance Advisory, Private Banking, Insurance and Underwriting, Financial Planning, Customer Relationship Management, etc. in her past roles at organizations like Investment One Financial Services, Afrinvest West Africa, etc.

    She is an Associate of the Chartered Insurance Institute of Nigeria (2019). She holds an MBA in Business Administration and Strategic Management from Business School Netherlands (2017), a professional qualification from the Chartered Insurance Institute, UK (2015), a Barrister-at-Law (B.L) from the Nigerian Law School (2009), and a Bachelor of Laws (LL. B) degree from Ondo State University (2008).

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    OLA BELGORE

    With close to 20 years’ experience gained in the Financial Industry, Ola’s diverse and rich professional career started in 2003 and has seen him handling different challenging roles in Stockbroking, Asset Management, Portfolio Advisory and Business Development.

    He is the Chairman, Board of Directors of Moneywise Microfinance Bank Limited. and the immediate past Managing Director of Managing Director of Afrinvest Asset Management Limited. He is currently the Chief Executive Officer of Utica Capital Limited

Invest

04. Invest In Utica Film Fund

Be part of Nigeria’s growing film investment story. Please provide your details below to access the account opening form and take the first step toward investing in Nollywood’s future.

Contact Us

05. Reach out to us

Got a project or partnership idea?
Send your submission to projects@uticafilmfund.com — let’s bring your story to life.

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