Atlantic Coast Regional Fund LLC II, fund managed by the Advanced Finance & Investment Group LLC acquired 29.9% stake in NEM Insurance Plc (NGSE:NEM) on January 18, 2019. CardinalStone Partners Limited acted as financial advisor and Koya & Kuti Solicitors acted as legal advisor for NEM Insurance. PWC Nigeria acted as auditor and Banwo & Ighodalo acted as legal advisor for Advanced Finance & Investment in the transaction. Atlantic Coast Regional Fund LLC II, fund managed by the Advanced Finance & Investment Group LLC completed the acquisition of 29.9% stake in NEM Insurance Plc (NGSE:NEM) on January 18, 2019.