Foresight South West Fund Secures Significant Backing
Funding | Mar 20, 2025 | Foresight Group
The Foresight South West Fund, managed by the private equity firm Foresight Group, has successfully reached its second close, amassing £100 million. This milestone was significantly supported by the Avon Pension Fund, underlining the robust investor confidence in Foresight's strategic investment approach. The second close indicates the fund's substantial progress towards its investment objectives and reflects the targeted focus on the South West region of the UK. The involvement of a major pension fund like Avon underscores a strategic partnership aligned with Foresight's long-term vision for sustainable regional growth. Through this fund, Foresight aims to drive economic development by investing in local businesses, fostering innovation, and generating attractive returns for stakeholders.
Sectors
- Private Equity
- Financial Services
Geography
- United Kingdom – The fund is focused on the South West region of the UK, and Avon Pension Fund operates within the UK.
Industry
- Private Equity – The article discusses a fund managed by Foresight Group, a private equity firm.
- Financial Services – The involvement of the Avon Pension Fund highlights the financial services industry, specifically pension fund investments.
Financials
- £100 million – The amount reached at the second close of the Foresight South West Fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Foresight Group | PE Firm | Company | A private equity firm managing the Foresight South West Fund. |
| Avon Pension Fund | Investor | Company | A UK-based pension fund providing significant backing to the Foresight South West Fund. |