Foresight Group

Last updated

Foresight Group Holdings plc
Company type Public
LSE:  FSG
Industry Financial services
Founded1984
Headquarters London, England
Key people
Bernard Fairman (Executive Chairman)
RevenueIncrease2.svg £119.2 million (2023) [1]
Increase2.svg £42.2 million (2023) [1]
Increase2.svg £23.6 million (2023) [1]
Website www.foresightgroup.eu

Foresight Group Holdings plc is a British private equity and venture capital business focussed on clean energy generation and associated infrastructure. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [2]

Contents

History

The company was founded by Bernard Fairman and Peter English in 1984. [3] They initially raised £20 million in venture capital. [4] The company subsequently built up a regional presence with offices in Edinburgh, Cambridge, Manchester, Milton Keynes, Leicester, Nottingham, and Dublin. [5]

The company was the subject of an initial public offering on the London Stock Exchange, which valued the company at £455 million, in April 2021. [6] In August 2023, having already established funds dedicated to other parts of the UK, it announced that it had raised £90m for a fund dedicated to the North East of England. [7] [8] [9]

Operations

The company had £12.2 billion of assets under management as at 31 March 2023. [1]

Related Research Articles

<span class="mw-page-title-main">3i</span> British multinational private equity and venture capital company

3i Group plc is a British multinational private equity and venture capital company based in London, England. 3i is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Ping An Insurance</span> Chinese insurance company

Ping An Insurance known also as Ping An of China, full name Ping An Insurance (Group) Company of China, Ltd. is a Chinese financial services holding company whose subsidiaries provide insurance, banking, asset management, financial services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well". It is ranked as China’s 5th largest company.

<span class="mw-page-title-main">FTSE Group</span> British provider of stock market indices

FTSE International Limited trading as FTSE Russell ( "Footsie") is a British provider of stock market indices and associated data services, wholly owned by the London Stock Exchange (LSE) and operating from premises in Canary Wharf. It operates the well known UK FTSE 100 Index as well as a number of other indices. FTSE stands for Financial Times Stock Exchange.

Bridgepoint Group plc is a British private investment company listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Kelda Group</span> Parent company of Yorkshire Water

Kelda Group Limited is a British utility company. It is based in Bradford, England. It was formerly listed on the London Stock Exchange and a constituent of the FTSE 100 Index, but was taken private by a group of investors, Saltaire Water, in 2008. Saltaire Water members include CitiBank and HSBC Holdings.

EFG Holding S.A.E. is an Egyptian financial services company present in the Middle East, North Africa, Sub-Saharan Africa, and South Asia regions and specializes in securities brokerage, asset management, investment banking, private equity and research in addition to finance lease, factoring, microfinance, Financial technology, mortgage, and insurance. EFG Holding serves a range of clients including sovereign wealth funds, endowments, corporations, financial institutions, high-net-worth clients and individual customers. EFG Hermes is listed on the Egyptian Exchange (EGX) and London (LSE) stock exchanges. EFG Hermes has offices in Egypt, the United Arab Emirates (UAE), the Kingdom of Saudi Arabia (KSA), Pakistan, Oman, Kuwait, Jordan, Kenya, Nigeria, UK, United States and Bangladesh with over 4,500 people from 25 nationalities. They serve clients from the Middle East, North Africa, Europe and the United States. Currently, EFG Holding is listed as number 13 in Forbes' Top 50 Listed Companies in Egypt 2023.

Caledonia Investments plc is a self-managed investment trust company based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

JP Morgan Indian Investment Trust is a large British investment trust dedicated to investments in India. Established in 1994, the company will become a constituent of the FTSE 250 Index, an index of the larger companies on the London Stock Exchange, on 27 September 2022.

MEPC is a British-based property investment and development business. It is headquartered in Milton Park, Oxfordshire. It used to be listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It is however now owned by the British Telecom Pension Fund and the Royal Mail Pension Fund.

<span class="mw-page-title-main">ICG Enterprise Trust</span> British investment company

ICG Enterprise Trust plc is a large investment company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. In particular it is one of the largest investment trusts on the stock exchange with a market capitalisation of £820 million as at 27 November 2023.

Azimut Holding is an independent, global group in the asset management, wealth management, investment banking and fintech space, serving private and corporate clients.

<span class="mw-page-title-main">Foresight Solar Fund</span>

Foresight Solar Fund is a large British investment trust dedicated to investments in solar energy. Established in October 2013, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Alex Ohlssen.

Molten Ventures, formerly Draper Esprit, is a British venture capital firm, investing in high growth technology companies with global ambitions. The firm has offices in London, Cambridge and Dublin. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

VinaCapital Vietnam Opportunity Fund is a British investment trust dedicated to investments in capital markets, private equity, undervalued assets, privatised assets, property and private placements in Vietnam. It is managed by VinaCapital. After transferring from the Alternative Investment Market to a full listing in March 2016, the company went on to become a constituent of the FTSE 250 Index. The Chairman is Huw Evans and Andy Ho is the Managing Director.

Bellevue Healthcare Trust is a large British investment trust dedicated to investments in listed or quoted healthcare companies on a worldwide basis. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

JLEN Environmental Assets Group, formerly John Laing Environmental Fund, is a large British investment trust dedicated to investments in Renewable Energy Infrastructure. The chairman is Ed Warner. Established in March 2014, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Harworth Group plc ("Harworth") is a property developer that specialises in regenerating brownfield sites in Yorkshire, the Midlands, and North West England. The company is headquartered in Rotherham in South Yorkshire. It is listed on the London Stock Exchange and is a member of the FTSE 250 Index.

Harbour Energy plc is an oil and gas company based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Supermarket Income REIT</span> Property Holding in London

Supermarket Income REIT is a British property investment company which invests in retail property and holds a large portfolio of supermarket buildings. It is structured as a real estate investment trust (REIT) that is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Bluefield Solar Income Fund</span> British investment trust

Bluefield Solar Income Fund is a large British investment trust. Established in 2013, it is dedicated to investing in low-carbon assets in the UK. The chairman is John Rennocks. It is listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index.

References

  1. 1 2 3 4 "Annual Report 2023" (PDF). Foresight Group Holdings. Retrieved 23 August 2023.
  2. "FTSE UK Index Series Quarterly Review September 2023". FTSE Russell. 30 August 2023. Retrieved 15 September 2023.
  3. "No regrets, but what do you expect in a company called Foresight?". The Times. 3 June 2023. Retrieved 23 August 2023.
  4. "Foresight Group". Investment Week. Retrieved 23 August 2023.
  5. "Foresight Group set to provide jobs boost for Yorkshire as it supports fast growing companies". Yorkshire Post. 21 September 2022. Retrieved 23 August 2023.
  6. "Investment manager floats in £455m IPO". FT Advisor. 4 February 2021. Retrieved 23 August 2023.
  7. "Foresight Group closes £20m North East SME fund". UK Tech News. 18 April 2023. Retrieved 23 August 2023.
  8. "Foresight Group makes £30m addition to North East fund thanks to pension funding backing". Business Live. 6 August 2023. Retrieved 23 August 2023.
  9. "Foresight Group hits £90m for new UK regional fundraise". Alternative Assets. 7 August 2023. Retrieved 23 August 2023.