REG - Impax Asset Mngmnt - Fund raise for new private equity fund
Released: 23/03/2010
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RNS Number : 9855I
Impax Asset Management Group plc
23 March 2010
Impax Asset Management Group plc announces
E141m private equity fund raising
Impax Asset Management Group plc ("Impax") today announces that its wholly owned subsidiary, Impax Asset Management Ltd,
has raised E141m 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 E2m 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
Tel: 020 3429 1426
Harry Stockdale
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