On July 13, 2022, Infrastructure Capital Group announced the sale of its business to Foresight Group.
Under the terms of the transaction, Foresight Group (“Foresight”) will acquire Infrastructure Capital Group (“ICG”). ICG's management team will remain in place and continue their work with existing clients. Terms of the deal were not disclosed.
Foresight, based in London, is an asset and investment management firm specializing in ESG and sustainable investment strategies. Foresight has approximately £9.4 billion in assets under management.
ICG, based in Sydney, Australia, is an investment firm specializing in equity and debt investments to economic infrastructure. ICG has approximately $3.2 billion AUD in funds under management. ICG is owned by Log Creek, which received advice from Berkshire Global Advisors on the transaction.
To read the press release, please click here.