Terry Gilliam and MichaelWinterbottom's next productions are amongst the debut slate of titles to securea quarter of their budgets from start-up UK tax-based fund Foresight.

Foresight has now raised£5m, meaning it is past its minimum subscription and halfway to its overalltarget. The fund has earmarked Gilliam's previously announced Tideland, which is set up with producerJeremy Thomas, and Winterbottom's Laurence Sterne adaptation Tristram Shandy, which is to star SteveCoogan and be produced by Andrew Eaton, as its first titles to go.

Also being readied are Brothers Of The Head, which Lost In La Mancha directors Keith Fultonand Louis Pepe are to direct for producer Simon Channing Williams, and My Last Five Girlfriends, a romanticcomedy set up with Gruber Films and House! director Julian Kemp and producerMichael Kelk.

Brothers Of The Head is based on a Brian Aldiss novel about Siamese twinswho form a rock group, while My Last FiveGirlfriends is the story of a man whose previous girlfriends have all dumpedhim out of fear of commitment. All four projects, which come throughForesight's affiliated producers, are aiming to shoot this year.

Foresight was launched thisyear by Tim Smith and Paul Brett of Prescience Film Finance. Sharon Menziescame on board as Prescience's head of business affairs in April.