News

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 Williams Technology EIS Fund invests £540,000 into Living Optics, a University of Oxford spin-out

Foresight Group LLP and Williams Advanced Engineering (WAE) are pleased to announce a £540,000 investment from Foresight Williams Technology EIS Fund into Li...

Foresight Accelerated ITS: Joint Life Second Death Cover | Video

Foresight has relaunched an iteration of the Foresight Accelerated Inheritance Tax Solution ("AITS") which is now open to investment.

Foresight announces launch of £20 million VCT share offer for Foresight Williams Technology VCT shares

The Foresight Williams Technology Share class represents an exciting investment opportunity made possible by the unique collaboration between Foresight and Williams Advanced Engineering (“Williams”) which saw the successful launch of the Foresight Williams Technology EIS Fund in 2016. It has thus far raised approximately £40 million and invested in excess of £25 million into 15 innovative technology businesses.

Foresight 4 VCT now accepting ISA funds through Platform One

Foresight Group LLP (“Foresight”), a leading independent infrastructure and private equity investment manager is pleased to announce that for the first time, investment into VCTs managed by Foresight, including the current offer for Foresight 4 VCT plc, will be able to accept ISA funds through a new partnership with Platform One. The partnership will allow investors to transfer funds from existing ISA products into Foresight 4 VCT whilst maintaining ISA status and without sacrificing their lifetime allowance.

Allocations to infrastructure funds set to soar

Well over 90% of advisers said they are increasingly concerned about a sustained downturn and increased volatility while three-quarters (75%) are worried about the impact of interest rate rises.  At an asset class level, clients’ exposure to UK equities, fixed income and global equities are causing the biggest headaches, according to advisers.

Foresight Williams Technology EIS Fund invests £1.5m into workforce support robot-maker Inovo Robotics

Several areas have been identified where Inovo could benefit from collaboration with Williams Advanced Engineering. These include design and development of the electric motor and transmission as well as thermal modelling of the drivetrain. Williams Advanced Engineering is keen to support Inovo given the highly complementary nature of the two businesses.

Foresight backs BIMBO of Company Cards with £1.9m investment

Based in St Helens, Merseyside, Company Cards was founded in 1996 by husband and wife team Tim and Christina Scott, who will remain involved with the business post investment along with longstanding operations manager Steve Abbott and commercial manager Hannah Johnson who becomes a Director of the Company. The Company currently employs 36 members of staff.

Foresight Williams Technology EIS Fund invests £1.7m into Innovative E-Bike System Company FreeFlow Technologies Limited

John Holden, Director, Foresight said: “The Fund’s strategy is to support innovative UK businesses with disruptive technologies. FreeFlow is a great example of engineering innovation in a relatively new and fast-growing market. We look forward to working with the FreeFlow team as they grow their business and helping with the commercialisation of their product.”

Foresight extends debt funding line into asset-backed SME lender Reward Finance Group by a further £10 million

Leeds headquartered Reward is an independent lender which provides secured loans to UK-based SMEs seeking more flexible finance, more promptly than mainstream lenders can deliver.  Reward’s bespoke funding solutions take multiple assets as security, enabling the Company to provide short to medium term loans or invoice discounting facilities to support companies in a variety of different situations.

The Naked Deli’s world-first airport outlet at Newcastle International Airport

Kirstie Kimmins, Founder Director at The Naked Deli, said: “We’re delighted to be opening our fourth store at Newcastle International Airport. I’m a firm believer that your holiday starts the minute you get to the airport, and what better way to celebrate seeing the world with a delicious, healthy meal. I also recognise that many of the airport’s millions of passengers are business travellers and it’s important to ensure that those that live their lives on the go are benefiting from a balanced and nutritious diet.

Foresight invests £2 million in Epistem management buy-out

Foresight’s investment, which includes an injection of growth capital, will support the management team’s clear plans for growth, enabling the Company to expand its service offering, including investment in Next Generation Sequencing technologies and further development of organoid models.  The business will also strengthen its sales and marketing activities across its international customer base.