Fund raise for new private equity fund

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

 

 

 

 

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