Foresight Group (“Foresight”), the leading alternative asset manager and private equity house, has appointed Nick Morgan as Sales Director.
Based in Foresight’s Sevenoaks office, Nick will be working with Partner Mike Currie and his team to strengthen relationships with IFAs, and to consolidate Foresight’s growing reputation as an innovative provider of tax efficient investment products in Energy Efficiency, Environmental and Renewable Energy Infrastructure.
Nick joins from Octopus Investments where he spent five years fundraising for VCTs, EISs and BPR products.
Foresight recently launched a £20 million Energy Efficiency EIS fundraising to complement its innovative Inheritance Tax Solution – Foresight ITS, which has just received a rating of 85 in Tax Efficient Review’s analysis of Business Opportunities with potential IHT benefit targeting capital preservation, the highest rating for new products.
Mike Currie, Partner of Foresight, commented: “We are delighted to have Nick joining our team as we continue to grow our relationships with the leading wealth managers and IFAs across the UK. With the Foresight ITS, and the Energy Efficiency EIS, we have an innovative product line up and Nick will be a terrific asset for us as we grow our business”.
Nick Morgan added: ““I am delighted to be joining Foresight given its market leading position in tax efficient investments and its strength in solar and environmental infrastructure”
For further information, please contact:
Ben Thompson: firstname.lastname@example.org +44 (0)20 3667 8155
Notes to editors:
About Foresight Group LLP
Foresight is an independent specialist environmental, infrastructure and private equity investor, which focuses primarily on investments in unquoted UK and European companies or projects and offers investors exclusive access to attractive income and growth opportunities.
Foresight has in excess of £650 million assets under management across a number of funds, including Limited Partnerships, Enterprise Investment Schemes (EIS) and Venture Capital Trusts (VCTs).
In the solar sector, Foresight’s solar funds have already invested in more than £300 million of operating PV assets in the UK, Italy and Spain.
Amongst its VCT portfolio, Foresight recently successfully closed fundraisings for Foresight Solar VCT at £38m and Foresight Solar EIS at £27.5m and its unique Infrastructure VCT Shares at £33m.
Foresight manages the most successful VCT ever, Foresight VCT which has returned more than 1.8x original investment in dividends to its investors.