Restructuring of Investment Management Arrangement

RNS Number : 1213E

Foresight Solar Fund Limited

26 February 2020

 

FSFL
26 February 2020

Foresight Solar Fund Limited

Restructuring of Investment Management Arrangements

The Board of Foresight Solar Fund ("FSFL" or the "Company") announces that, following an internal restructuring at Foresight Group, Foresight Group LLP ("Foresight") has replaced Foresight Group CI Limited ("Foresight CI") as investment manager to FSFL. 

Foresight CI appointed Foresight, an English law incorporated limited liability partnership that is authorised and regulated by the Financial Conduct Authority, as investment advisor to provide investment management services to Foresight CI in respect of the Company. 

The investment advisory arrangement that the Company had in place with Foresight CI has now been novated, amended and restated and the Company has now entered into an investment management agreement directly with Foresight (the "New Investment Management Agreement").  The material terms and fees contained in the New Investment Management Agreement are the same as in the previous investment management agreement with Foresight CI.  The team members providing investment management services to the Company will not change as a result of this restructuring.

For further information, please contact:

Foresight Group

Jonathon McManus   [phone]

([e-mail])  

([e-mail])  

Stifel Nicolaus Europe Limited    [phone]

Mark Bloomfield

Nick Donovan

Maarten Freeriks

Citigate Dewe Rogerson   [phone]

Nick Hayns

Louise Mason-Rutherford

Elizabeth Kittle

Lucy Eyles

 

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