Revenue at the private equity firm behind the likes of Liverpool-headquartered Mowgli Street Food jumped by more than a fifth during its latest financial year, as its assets under management surged to over £7bn.
Foresight Group, which floated in February, has reported a revenue of £69.1m for the 12 months to March 30, 2021, up from £57.3m.
Its assets under management (AUM) also increased from £4.5bn to £7.2bn, aided by the acquisition of Pensions Infrastructure Platform (PiP) which added £1.7bn AUM.
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The group's core EBITDA jumped 89% to £23.9m from £12.6m and it has recorded a "strong start" to fundraising in its current financial year.
The results come after Foresight invested £3m in a Manchester-based provider of software and services to the clinical trials market.
Executive chairman Bernard Fairman said: "These are transformational times for Foresight Group as we work to cement and develop our position as market leader in both sustainable infrastructure and real assets and in regional UK private equity.
"Foresight performed very strongly during the year to the end of March and this momentum has continued into the current year.
"I am delighted that the positive outlook across our entire business, together with the group's strong financial position, means that we have been able to increase the dividend pay-out ratio to 60% from the proposed 50%.
"And we are already seeing the benefits of our February listing as we leverage our fast-growing platform to scale our business and to deliver on our ambitious growth plans."
