Shares in Foresight Group Holdings Ltd (LSE:FSG) rose 8% to 442.5p after the investment manager reported double-digit growth in profits, earnings and its dividend.
The group, which manages real assets and provides growth capital to smaller businesses, lifted core EBITDA before share-based payments 10% to £68.6 million.
Adjusted earnings per share rose 13% to 46.4p, while the total dividend was raised 12% to 27.1p.
Total revenue climbed 11% to £164.9 million in the year to 31 March 2026.
Assets under management increased 8% to £13.0 billion, helped by a fifth successive year of record retail fundraising.
Retail vehicles drew £630 million, up 7% on the year and 93% higher than three years ago.
Profitability was also boosted by higher performance fees, following larger institutional fund exits in Australia, including power producer Zenith Energy and transport group Kinetic.
Those realisations lifted performance fees but trimmed the recurring revenue share to 82%, against a 85% to 90% target.
Foresight is moving to focus on its core real assets and private equity divisions, having agreed in June to sell its public markets arm.
That disposal is expected to complete in the third quarter of 2026.
