Jamie Pelmear Sets Up Foresight's New Exeter Office
Investor - People | Jul 20, 2025 | Foresight Group
Foresight Group, a prominent regional private equity and infrastructure investment manager, has unveiled a new office in Exeter, marking a significant step in fortifying its presence in South West England. The strategic expansion coincides with the appointment of Jamie Pelmear as Investment Associate, who will focus on the deployment and management of the Foresight South West Fund. This fund has recently closed its second funding round, reaching a total of £100 million, following substantial investments from both the Devon and Avon Pension Funds. Pelmear, who has deep ties with the Exeter business community, will work closely with Foresight's team to nurture small and medium enterprises in various counties, including Devon and Somerset. This move represents part of Foresight's broader strategy to enhance local engagement and support the economic growth of regional businesses. The firm, part of the FTSE 250 index, continues to strengthen its offerings in real assets and growth capital across the UK and internationally.
Sectors
- Private Equity
- Investment Management
- Infrastructure Investment
Geography
- United Kingdom – Foresight Group's operations and new office opening are focused on South West England, with a specific emphasis on regional economic development.
- South West England – The focus of Foresight Group's new office and fund deployment is centered in this region, specifically targeting SMEs across multiple counties.
- Exeter – Exeter is the specific location for the new Foresight office, emphasizing local presence and engagement with the business community.
Industry
- Private Equity – Foresight Group is expanding its investment activities in the South West region of England through the deployment of a private equity fund focused on SMEs.
- Investment Management – The article discusses Foresight Group's management of a substantial investment fund and its role in regional economic development.
- Infrastructure Investment – Foresight Group is known for its activities in infrastructure investment, which is part of its broader strategy across various regions, including South West England.
Financials
- 100 million – Total capital raised by the Foresight South West Fund following contributions from Devon and Avon Pension Funds.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Foresight Group | PE Firm | Company | Leading investment manager specializing in private equity and infrastructure across UK, Europe, and Australia. |
| Jamie Pelmear | Investment Associate | People | Newly appointed to lead Foresight's efforts in deploying the South West Fund from Exeter. |
| Devon Pension Fund | Investor | Company | Contributed to the Foresight South West Fund, aiding in its recent funding success. |
| Avon Pension Fund | Investor | Company | Investor in the Foresight South West Fund, helping it reach a significant funding milestone. |
| Chris Barry | PR Contact | People | PR contact at Influential for Foresight Group communications. |
| Devon County Council | Government | Government | Local government body engaging with Foresight Group's regional expansion. |