Private equity investor makes double hire

Line Kristine Gauteplass and Irfan Ashfak

Private equity investor Foresight Group has appointed two new investment managers.

Line Kristine Gauteplass and Irfan Ashfak have joined the firm.

Gauteplass has joined from Grant Thornton’s corporate finance division, where she spent five years. She has also worked for Mazars and BNP Paribas.

Ashfalk previously worked for Midlands based accountancy firm Magma, where he spent three years in its corporate finance team working on transactions in the recycling, engineering and software sectors.

Ray Harris, director at Foresight, said: “We are delighted to welcome Line and Irfan as we continue to support promising SMEs in the region. Foresight is committed to helping all economies thrive so it’s great to add extra ‘boots on the ground in the Midlands’.

“With experience in business investment, innovation and growth, Line and Irfan will provide tremendous value to business owners and management teams in the Midlands. We want to support SMEs to scale their companies, create high-quality, local jobs, achieve their ambitions and enable companies to help their local areas prosper.”

Gauteplass said: “I have worked in this region for six years and I know there are many small businesses with huge potential. I am delighted to have the opportunity to not only advise them but invest in and support them.”

Ashfak added: “Ray and the Foresight team have a great reputation for supporting entrepreneurial SMEs. I am excited to have joined them in the East Midlands and I am looking forward to working closely with local businesses and advisors in the region.”