Foresight Group ("Foresight”), a leading independent infrastructure and private equity investment manager, has appointed Rob Jones as Investment Manager in the private equity team.
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Rob is the fourth team member to be recruited for Foresight’s Manchester office and will focus on investing the Foresight Regional Fund ("FRIF”), which is a regional fund focused upon equity investments of up to £5 million in small and medium sized growth companies in the North West of England, North Wales and South Yorkshire.
Rob brings with him an extensive knowledge of private equity and mid-market corporates in the North West, joining Foresight from Ernst and Young where he advised on a broad range of transactions as an Assistant Director in the M&A team. Over a period of eight years he gained M&A expertise whilst successfully closing many deals across the region.
After graduating from Manchester Business School with a Masters of Business, Rob qualified as an ACA at Baker Tilly (formerly RSM Tenon), where he advised SMEs and entrepreneurial businesses on a range of transactions and fundraising.
Rob Jones, Investment Manager, Foresight commented:
"I look forward to working with Foresight’s dynamic private equity team and to harness the network of professional contacts I’ve gained throughout the region. Foresight’s focus on developing SMEs aligns well with my broad transactional knowledge of mid-market businesses gained in previous roles, and it will be a pleasure to support Foresight’s deals in the North West.
James Livingston, Partner, Foresight added:
"Rob’s experience in transactions across the North West and across a broad range of sectors will be indispensable to the execution of successful deals from our Manchester office. Rob’s strong network across the region is also particularly valuable and is already driving a greater volume of investment opportunities. We’re delighted to have him join our team.”
For more information contact:
Annabel Arrowsmith, Foresight Group Marketing Manager
(email@example.com / 020 3667 8179)
Notes to editors:
About Foresight Group LLP ("Foresight”):
Foresight is a leading independent infrastructure and private equity investment manager which has been managing investment funds on behalf of institutions and retail clients for more than 30 years. Foresight has over £1.8 billion of Assets under Management across a number of funds, including Listed Vehicles, Limited Partnerships, Enterprise Investment Schemes (EISs) and Venture Capital Trusts (VCTs).
Foresight’s Private Equity team, comprising fifteen investment professionals, invests between £1m and £5m in management buy-outs, management buy-ins and growth capital investments in UK SMEs. www.foresightgroup.eu
About Foresight Regional Investment Fund ("FRIF”):
The Foresight Regional Investment Fund was launched in January 2016 to invest in growth SMEs in the North West of England, North East Wales and South Yorkshire. The Fund targets equity investments of up to £5m into established profitable businesses with strong management teams across a broad range of sectors. The Fund has a flexible investment mandate in terms of deal type investing in MBOs, MBIs, Equity Release and Growth Capital transactions.
The Fund achieved first close at £38 million in January of this year, and the Fund is targeting final close of £60 million.
The Fund is Foresight Private Equity’s second institutionally backed, commercially focused regional fund following the Foresight Nottingham Fund, a £40 million fund to invest in businesses in Nottinghamshire.