Foresight Group ("Foresight”), a leading independent infrastructure and private equity investment manager has appointed Hugi Clarke as Sales Director within its expanding Retail Sales team.
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Hugi joins from Octopus Investments where he spent five years fundraising for VCTs, EISs and BPR products. Based in Foresight’s London Head Office, he will work closely with Head of Retail Sales, Mike Currie and Nick Morgan to support Foresight’s regional Business Development Managers in strengthening relationships with advisers and wealth managers across the UK and to consolidate Foresight’s growing reputation as an innovative provider of tax-efficient investment products.
Foresight recently announced the launch two VCT share offers; a £30 million Ordinary Share offer for Foresight VCT plc targeting growth capital investments in UK SMEs; and a £20 million "D” Share offer for the newly named Foresight Solar & Infrastructure VCT plc (formerly Foresight Solar VCT plc) targeting investments in energy and infrastructure projects.
The appointment follows a year of rapid expansion at Foresight with assets under management growing by 33% year on year to £1.8 billion and a retail sales team now numbering 18.
In October 2015 Foresight launched a £50 million fundraise for Foresight Energy Infrastructure EIS Fund, which has already raised in excess of £30 million towards its target.
Mike Currie, Partner and Head of Retail Sales at Foresight, commented: "We are delighted to have Hugi join our team as we continue to grow our relationships with the leading wealth managers and IFAs across the UK. We have an innovative product line up and Hugi will be a terrific asset for us as we continue to grow our business”.
Hugi Clarke added: "I am pleased to be joining such a dynamic team. Foresight’s unique position in venture capital and environmental and renewable infrastructure is an appealing prospect for investors in today’s volatile markets and I look forward to spreading the word.”
For further information, please contact:
Ben Thompson: firstname.lastname@example.org 020 3667 8155
Notes to editors:
About Foresight Group LLP ("Foresight”):
Foresight Group 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 £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).