Foresight Group Holdings (LSE:FSG) has agreed to sell its public markets investment division, Foresight Capital Management, to Guinness Global Investors.
The Disposal transfers roughly £1.0 billion of AUM, equivalent to about 7% of Group AUM as of 31 March, and 16 employees, will be held within discontinued operations and is expected to complete in the third quarter of 2026 as the group seeks to streamline its operating model.
"Going forward, Foresight will focus on private markets, deploying long duration capital across our core Real Assets and Private Equity divisions," Bernard Fairman said.
Foresight Group, an investment manager offering real assets and growth capital solutions in the UK, Europe and Australia, said the disposal allows it to concentrate on its core Real Assets and Private Equity businesses.
FCM was launched in 2017 and grew AUM to £1.6 billion by 2022, and taking the Disposal into account the Group anticipates meeting FY26 core EBITDA pre-SBP consensus estimates.
