Foresight broadens its infrastructure platform with the acquisition of PiP

Founded in 2013 under the leadership of the Pensions and Lifetime Savings Association, PiP is backed by major UK pension schemes - British Airways, Pension Protection Fund, Railpen and local government pension schemes Strathclyde and West Midlands. It provides investment expertise and asset management to pension funds investing in UK infrastructure. It received authorisation in 2016 and has established a portfolio of 17 assets mostly through the PiP Multi-Strategy Infrastructure Fund, covering the Energy from Waste, Renewables, Social and Transport sectors, with a NAV in excess of £700 million.

Covid-19 market volatility spurs demand for infrastructure, say financial intermediaries

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Foresight raises over £650 million in retail funds for tax year 2019/20

Foresight Group LLP has surpassed its previous record for retail funds raised in a single tax year, attracting in excess of £650 million in the tax year 2019...

Foresight announces successful sale of Clubhouse Golf to all4golf delivering a 6x return

Foresight Group LLP is pleased to announce the successful sale of Clubhouse Golf to all4golf, this marks the first exit for the £58 million Foresight Regiona...

Maven VCTs lead £3.5 million funding round in Nano Interactive Ltd.

Foresight Group LLP supports the UKs leading private equity house, Maven Capital Partners, in investment in Nano Interactive Ltd, a specialist advertising te...

Foresight invests £800,000 into Substantive Research Limited

Foresight Group LLP pleased to announce a £800,000 growth capital investment into Substantive Research Limited, the fourth investment made by the £20 millio...

Award-winning Foresight Capital Management reaches £500 million funds under management in less than two years

Established in 2017, the team manages two OEICs, FP Foresight UK Infrastructure Income Fund (“FIIF”) and FP Foresight Global Real Infrastructure Fund (“GRIF”). FIIF focuses on renewable energy and infrastructure investment companies in the UK. GRIF invests into the publicly traded shares of companies that own or operate real infrastructure and renewable energy assets globally.

Foresight acquires two operational wind farms of 37.5MW

Helen Downie, Senior Investment Manager, Foresight Group said: “We are delighted to have completed the acquisition of these two windfarms from Glennmont. We continue to strengthen our diversified energy infrastructure portfolio throughout the UK, which is comprised of various renewable generation technologies and supporting infrastructure. The acquisition is a further demonstration of our market-leading renewables investment presence in the UK.”

Thermotech sale to Servest nets Foresight 2.3x

Claire Alvarez, Senior Investment Manager, Foresight commented: “Partnering with the Thermotech team since 2013 has been a great experience and has allowed us to support a rapidly growing building services group to become a leader in their market. Servest has a strong reputation and we look forward to seeing Thermotech’s continued growth.”

Foresight Williams Technology EIS Fund makes £2.1m investment into Oxford Space Systems Limited

John Holden, Principal, Foresight Group said: “Oxford Space Systems is a highly innovative and market-leading business with a unique, differentiated product offering. We are delighted to be entering this partnership with OSS and to have the opportunity to be involved in their growth and development over the upcoming years.”

Foresight launches new Infrastructure Income Fund

Foresight believes that renewable energy and infrastructure are attractive asset classes as they are characterised by stable and predictable demand, high barriers to entry and long term contracted revenue streams. UK listed renewable energy and infrastructure funds / investment companies also benefit from protection from inflation as a high proportion of underlying asset revenues are directly linked to inflation. The comfortable spread between listed UK renewable energy and infrastructure funds’ discount rates and the risk-free rate provides a further buffer to interest rate rises.

Foresight Williams Technology EIS Fund makes first investment

Established in 2015, Utonomy has developed an innovative technology for reducing leakage in gas distribution networks. Its unique “internet of things” solution automatically optimises gas distribution pressures through electro-mechanical actuators retrofitted to the network and controlled by intelligent, cloud-based software.