Foresight Group Holdings Limited, a leading infrastructure and private equity investment manager, has successfully secured commitments of €300 million for the first close of Foresight Energy Infrastructure Partners II SCSp ("FEIP II"). This marks a significant milestone for the Group as it aims to raise multiple institutional infrastructure funds across a range of low carbon strategies. The first close comes three months after FEIP I's Investment Period concluded, having deployed over €1 billion in capital.
The successful first close of FEIP II demonstrates the quality and demand for Foresight's flagship energy transition strategy. Bernard Fairman, Executive Chairman of Foresight Group Holdings Limited, expressed confidence in the Group's ability to achieve its fundraising targets and continue to deliver profitable growth for its shareholders. The first close welcomes two new cornerstone investors to the strategy and is timed to meet investor requirements.
Foresight is encouraged by investor appetite for the strategy to date as the Group works towards the target fundraise of €1.25 billion, marking a scaling up of nearly 50% on the prior vintage. The company actively builds and grows investment solutions to support the energy transition, decarbonize industry, enhance nature recovery, and realize the economic potential of ambitious companies.
Founded in 1984, Foresight is a leading investment manager in real assets and capital for growth, operating across the UK, Europe, and Australia. The company offers investors access to attractive investment opportunities at the forefront of change and is committed to building a sustainable future and growing thriving companies and economies.
For more information, visit the Foresight Group Holdings Limited website.