Foresight Group explores potential IPO on London Stock Exchange

Foresight said it was pondering an initial public offering, comprising the sale of shares by existing shareholders alongside a small offering of new shares issued by the company. The firm said it expected up to 50% of its resulting share capital to be in public hands following the flotation. Foresight said it had total assets under management (AUM) of around £6.8bn as at 30 September, with Foresight Infrastructure, which manages 292 assets, accounting for 90% of AUM and Foresight Private Equity, which manages 104 investments on behalf of 33 investment vehicles, accounting for 10%. For...