Innisfree Ltd is a fund management company based in the United Kingdom which manages substantial interests in private finance initiative (PFI) schemes in the UK, Canada, Sweden and The Netherlands.
[1] The company was founded by David Metter in 1995 and has raised over £2.3 billion to date.
These funds have lives of 35 years or more which matches the length of a typical PFI contract of between 25 and 30 years and reflects Innisfree's policy to remain a long term partner in these projects.
It involves servicing and refurbishment of buildings on 800 ha of army land around Salisbury Plain and in Aldershot.
[9] Aspire Defence Limited is 37.5% owned by "funds managed by Innisfree"; the other shareholders are InfraRed Capital Partners (17.5%) and KBR (45%).