Foresight Group Holdings Limited (LON:FSG) has announced that it has entered into an agreement to sell its public markets investment division, Foresight Capital Management (FCM), to Guinness Global Investors. The disposal involves the transfer of all of FCM’s funds, totalling approximately £1.0 billion in assets under management (7% of Group AUM as of 31 March 2026) and 16 employees.
The Disposal helps streamline Foresight’s operating model, enabling it to focus on its core Real Assets and Private Equity businesses. FCM will be held within discontinued operations as part of the Group’s full year results and, taking this Disposal into account, the Group is anticipated to meet its FY26 core EBITDA pre-SBP consensus estimates.
Completion is expected during the third quarter of 2026.
Bernard Fairman, Executive Chairman of Foresight Group Holdings Limited, commented:
“When we launched Foresight Capital Management as our public markets investment division in 2017, we saw an opportunity to broaden our product set by applying Foresight’s deep real assets knowledge to public markets. The early success of the FCM division – growing AUM from initiation in 2017 to £1.6 billion in 2022 – reflected the size of the market opportunity at that time and the quality of our team and products. Today, however, the market opportunity has changed with ongoing challenges in this sector creating a need to operate at ever increasing scale, often through consolidation, in order to deliver attractive returns.
“It is a consequence of these factors and a desire to rationalise our business, that has led to this disposal. Going forward, Foresight will focus on private markets, deploying long duration capital across our core Real Assets and Private Equity divisions, leveraging our competitive advantages and a history of strong investment performance.”
