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 £141.3 million (2024) [1]
Increase2.svg £45.0 million (2024) [1]
Increase2.svg £26.4 million (2024) [1]
Website www.foresightgroup.eu

Foresight Group Holdings plc is a British investment manager 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]

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References

  1. 1 2 3 4 "Annual Report 2024" (PDF). Foresight Group Holdings. Retrieved 23 August 2024.
  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.