People Moves

Environmental Investment Specialist Appoints Sales Director

Wendy Spires Group Deputy Editor London 31 October 2012

Environmental Investment Specialist Appoints Sales Director

Foresight Group, the UK boutique which focuses on environmental, infrastructure and private equity investments, has named Nick Morgan as sales director.

Morgan is charged with developing Foresight’s links with IFAs, and to up its profile as a provider of tax-efficient investment products related to the renewable energy sector, like solar power production.

Morgan joins from Octopus Investments, where he had been fundraising for venture capital trusts, enterprise investment schemes and business property relief products for five years.

Foresight, which has £650 million ($1.05 billion) in assets under management, recently launched a £20 million Energy Efficiency EIS. On the VCT side, the firm recently closed fundraisings for its Foresight Solar VCT at £38 million, its Foresight Solar EIS at £27.5 million and its Infrastructure VCT Shares vehicle at £33 million.

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