Foresight

We are delighted to announce that on 31st March, Foresight Group the leading listed infrastructure and regional private equity investment manager, made a £6.7m investment into Five Wealth.

The investment is fantastic news for Five Wealth and marks the start of the next stage in the growth journey of the Company. We are looking to build on what we’ve achieved over these first seven years; growing from an initial staff of 15 to where we are today with 29 staff and over £670m under management.

With Foresight’s investment we will be seeking to further develop and enhance the service we provide and will be looking to grow the business further via a combination of continued strong organic growth and targeted acquisitions.

The investment has enabled Chris Little one of the original founder directors’ to retire and exit the business and also paves the way for future retirements.

We are pleased to welcome some new faces at Board level including Jonathan Partington as Finance Director, Tim Parsons as Non-exec Chair and Matt McLoughlin as Investor Director from Foresight. High quality expertise to support us with our growth plans.

The existing management team will remain and are committed to the long-term plan, we are all very excited about the future!

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May 17, 2023 Post by Philip Shaw
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