Foresight Group Holdings Ltd
LSE:FSG
Foresight Group Holdings Ltd
Foresight Group Holdings Ltd. engages in the provision of infrastructure and private equity investment management services. The firm specializes in providing investment opportunities in private markets to both institutional and retail investors. The company operates through two segments: Infrastructure and Private Equity. Its Infrastructure segment is an infrastructure asset management team focused on the renewable energy and infrastructure sectors. Its investment strategies primarily focus on solar and onshore wind assets, bioenergy and waste, as well as renewable energy enabling projects, energy efficiency management solutions, social and core infrastructure projects and sustainable forestry assets. Its Private Equity segment is a private equity and venture and growth capital investment management team focused on investment in United Kingdom (UK) regional small and medium-sized enterprises (SMEs).
Foresight Group Holdings Ltd. engages in the provision of infrastructure and private equity investment management services. The firm specializes in providing investment opportunities in private markets to both institutional and retail investors. The company operates through two segments: Infrastructure and Private Equity. Its Infrastructure segment is an infrastructure asset management team focused on the renewable energy and infrastructure sectors. Its investment strategies primarily focus on solar and onshore wind assets, bioenergy and waste, as well as renewable energy enabling projects, energy efficiency management solutions, social and core infrastructure projects and sustainable forestry assets. Its Private Equity segment is a private equity and venture and growth capital investment management team focused on investment in United Kingdom (UK) regional small and medium-sized enterprises (SMEs).
Revenue Growth: Revenue rose 11% to GBP 81.5 million, driven by strong fundraising and continued demand for tax-efficient products.
Assets Under Management: AUM increased by 4% over six months, reaching GBP 13.7 billion.
Margin and Profitability: Core EBITDA pre-SBP grew by 6%, but margin compressed to 38%, with management expecting stability at this level for the rest of the year.
Dividend Increase: Interim dividend was raised 9% to 8.1p per share, in line with the company’s target payout ratio.
Retail Fundraising Strength: Foresight maintained its #1 position in business relief fundraising and expects to raise over GBP 600 million gross per year in this segment through FY '29.
Strategic Fund Launches: New vintages launched in core strategies, including FEIP II in energy transition and a third regional private equity fund in the Northwest.
Positive Exits: Notable exits included premium sales in natural capital and infrastructure, validating Foresight’s investment model even in a high-rate environment.
Outlook: Management reaffirmed their goal to double core EBITDA pre-SBP by FY '29, citing strong demand for tax-efficient and institutional products.
