Real Assets
We build future energy systems and resilient infrastructure, backing emerging opportunities in technology, land and water.
Real Assets
Private Equity & Ventures
Real Assets
Private Equity & Ventures
£13.2bn
AUM1
>90%
Of long duration capital by AUM1
60%
Dividend payout ratio
87%
Recurring revenue
40.4%
Core EBITDA pre-SBP margin1
200+
Institutional LP relationships
1 March 2025
Our three divisions – Real Assets, Private Equity (PE) and Foresight Capital Management (FCM) – offer a diverse platform of funds and strategies across listed and unlisted markets to balance risk and reward.
Our multi-faceted fundraising pipeline is designed to meet ever-changing market needs, for performance that endures through economic cycles.
58%
Real Assets
41%
Private Equity
1%
Foresight Capital Management
We believe resilience is the foundation of growth.
That’s why most of our capital is committed for the long term, with recurring revenue and dividends that reward.
87%
Recurring revenue
>90%
Of long duration capital by AUM1
Opportunity
To drive operating leverage
Up to £50m
Share buyback programme over three years
60%
Dividend payout ratio
We know our markets inside-out.
With combined decades of experience across real assets, liquid markets and private equity, our international teams can actively identify market gaps, shape policy, and deliver tailored solutions.
7
Offices internationally
14
UK & Ireland regional offices
>1,000
Real asset opportunities reviewed annually
>3,000
SME opportunities reviewed annually
200+
Institutional LP relationships
>50
Sales professionals delivering excellent intermediary distribution across the UK
From decarbonised energy systems to innovative UK ventures, we’re ideally positioned to capture growth in sectors undergoing profound change.
Capturing a growing share of markets worth hundreds of billions in the UK, EU and Australia:
Business Relief (BR) and Venture Capital Trusts (VCTs) have been both growing steadily over the past five years — with demand only accelerating.
Backing ambitious SMEs across the UK and Ireland.
With over 40 funds and strategies, spanning institutional and retail, UK and global, private and public markets, plus tax-advantaged investments, we give investors choice, flexibility and balance.
66%
Institutional
34%
Retail
51%
UK
49%
Non-UK