Foresight Group ("Foresight”), a leading independent infrastructure and private equity investment manager has appointed John Cordrey as Investment Manager within its expanding Private Equity team.
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John joins as Investment Manager from Inflexion Private Equity, having previously qualified as a Chartered Accountant at PricewaterhouseCoopers. John specialised in M&A and financial due diligence and has a breadth of experience within the Business Services, Retail & Consumer, Health & Pharma, Industrials and Energy sectors. John will be based in Foresight’s London HQ.
Foresight has seen rapid expansion of its Private Equity business having opened its second regional office in Manchester earlier this year, following the launch of the £40m first close Foresight Regional Investment Fund, with the appointments of Claire Alvarez and Matthew Pomroy. Foresight also recently announced the appointment of Mike Quinn, strengthening its team presence in Nottingham, where Foresight manages the Foresight Nottingham Fund, a £40m regional fund for growth businesses in Nottingham and Nottinghamshire.
Russell Healey, Partner at Foresight, commented: "We are delighted to have John join our team which is expanding following a particularly busy year in 2015, during which we made nine new investments and achieved seven exits and major recapitalisations. John brings experience of larger transactions and a genuine interest in investing in SMEs, and will help identify opportunities for investment across a wide range of sectors. John’s arrival brings our Private Equity team up to fifteen investment professionals.”
John Cordrey added: "I am excited to be joining Foresight’s Private Equity team where our focus is on smaller scale growth businesses across a wide range of sectors. I am looking forward to working with the team and getting stuck-in; I’m enthused by the current volume of opportunities in the SME market.”
For further information, please contact:
Ben Thompson: firstname.lastname@example.org 020 3667 8155
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 £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, manages a portfolio of more than 35 companies, typically investing up to £5m equity in UK SMEs.