Foresight Group

“Today, we announced our full-year results for the year ended 31 March 2024. We have delivered another strong year of profitable growth as the Group benefitted from increasing demand for our higher margin retail vehicles and successful institutional fundraising activity from our private equity business. We have carried this strong earnings momentum into the current financial year, having already delivered c.£500 million in AUM growth in Q1 FY25. This increase was driven by the combination of further success in retail fundraising and the recent €300 million first close of our flagship energy transition fund, FEIP II, following improving sentiment in the institutional infrastructure fundraising market.” Bernard Fairman, Executive Chairman of Foresight Group Holdings Limited Read our annual report in full here: https://lnkd.in/eGRkUwS7

Rubina Singh, Senior Investment Manager in our ventures team, recently spoke at the Deeptech Forum at South Summit, discussing Foresight’s focus on early-stage deeptech.   Event takeaways include: 👉 Startups, investors, research & academia, industry and the government are the five key factors to take deeptech from research to market 👉 De-risking at each stage and clarity on capital stack are the two key aspects that support a strong eco-system 👉 Deeptech will play a role in decarbonisation and transitioning to net-zero by commercialising alternative fuels and using advanced sensors, robotics, and AI platforms to speed up the discovery of new materials.

We hosted an analyst and investor presentation for our full year results this week. We have delivered a strong set of results underpinned by our profitable regional private equity and retail tax efficient products, alongside our scalable infrastructure and FCM strategies. Combined, these strengths give us confidence that our diversified business model will continue to create meaningful shareholder value.   You can watch a summary of the presentation below. #ForesightGroup #FinancialResults #InvestBuildGrow

We are happy to share our recent £2.2 million growth capital investment into disruptive cyber technology start-up Cavero Quantum, alongside co-investor Northern Gritstone. Cavero Quantum will use the funding to begin commercialising its technology and launch its first product.   Read the full announcement here: https://lnkd.in/eev-dhyf #privateequity #investment

“Today, we publish our sustainability report for FY24. Over the past year, we have become more proactive in how we manage sustainability from both Group reporting and within investment processes. We have conducted a double materiality analysis based on ESRS and ISSB which will form the foundation of how we assess, manage and monitor sustainability impacts, risks and opportunities. We look forward to the coming year of accelerating our work in sustainability in line with the continuously changing landscape.” Åse Bergstedt, Acting Head of Sustainability, Foresight Group   Read our sustainability report in full here: https://lnkd.in/eS2HFDpq

We are delighted that the Foresight WAE Technology EIS Fund ("FWT EIS") was awarded the EISA Impact Award at last week's Enterprise Investment Scheme Association (EISA) Awards. These awards celebrate the outstanding achievements of participants in the EIS and SEIS ecosystem, so we are thrilled to have been recognised in this category. The FWT EIS invests into early-stage, unquoted companies that are developing disruptive technology and pioneering innovation. Congratulations to all winners, you can see the full list of winners here: https://lnkd.in/eSYAqM5D To find out more about FWT EIS, click here: https://lnkd.in/eAeD5hx2 #EISAAwards #EIS #InvestmentManagement

Congratulations to our portfolio company, Lifelight for securing the fourth spot in HealthTech 50 - ranking as one of the UK’s most innovative health technology creators. The HealthTech 50 focuses on companies creating tech for personal and preventative healthcare, as well as GP practice management and messaging platforms. Congratulations to Lifelight, and all others mentioned. The full list can be read here: https://lnkd.in/eDYj3NeS

We’re delighted to share that we’ve been shortlisted for two awards at the UKBAA Angel Investor Awards! Congratulations to finalist Danielle Gubbay, Senior Investment Manager, for being shortlisted for the Best Woman-Led Investment in the Innovation category. Our second shortlist is for the Deep Tech Investment of the Year category, recognising our investment into VyperCore To read the full shortlist, head to: https://lnkd.in/efzZJdwy

It was wonderful to support and host the launch of the Wales in London event, celebrating female founders. Foresight’s Ruby Harcombe and John Cordrey joined this event of panel discussions and networking, speaking on how we're supporting growing companies across Wales with much more than investment. #PrivateEquity #FemaleFounder

Thank you to everyone who joined us earlier this month to celebrate the launch of our fund dedicated to Northern Ireland. It was great to welcome so many to our event. We are actively investing in growing companies across Northern Ireland. This fund will provide investment and support to companies by helping them to achieve their growth ambitions and deliver a positive impact by creating high-quality, local jobs. #PrivateEquity #Investing