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Impax Asset Management Information

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Share Price: 511.00
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Change: -4.00 (-0.78%)
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Open: 510.00
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Fund raise for new private equity fund

23 Mar 2010 07:00

RNS Number : 9855I
Impax Asset Management Group plc
23 March 2010
 



 

Impax Asset Management Group plc announces €141m private equity fund raising

 

Impax Asset Management Group plc ("Impax") today announces that its wholly owned subsidiary, Impax Asset Management Ltd, has raised €141m of capital commitments for its second private equity fund, Impax New Energy Investors II LP ("NEF II").

As part of this fund raising, Impax has committed to invest €2m in NEF II.

NEF II is focused on investment opportunities in independent power companies and projects in the renewable energy sector across the European Union.

 

ENDS

Enquiries:

 

Impax Asset Management Group plc

Ian Simm, Chief Executive

Tel: 020 7434 1122

Peter Rossbach

Tel: 020 7434 1122

Execution Noble (Nominated Adviser)

John Riddell, Director

Tel: 020 3429 1426

Harry Stockdale

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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