Impax Asset Management Group plcLSE: IPX

Fund raise for new private eq

· Issued by Impax Asset Management Group plc

On 6ix: 6ix.com/news/fund-raise-for-new-private-eq

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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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