Mowgli Street Food has just announced the first closure of one of its funds at £65m. The fund will be managed by Foresight’s collegiate nationwide private equity team, with growth in Foresight’s Manchester office planned to support the deployment of the fund.
The fund will provide the platform from which Foresight can provide both capital investment and expertise to support development of sustainable, socially conscious small businesses in the region.
James Livingston, partner at Foresight, said: “We are delighted to be welcoming both new and returning investors to the Fund, which will continue to address the gap in the market we have demonstrated with its predecessor fund.
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