Friday, 26 August 2016
Last updated 7 min ago
Sep 26 2012 | 8:12am ET
London-based Impax Asset Management has crossed the pond.
The green investment specialist has opened an office in New York City and tapped David W. Richardson to head client relations for North America. The move follows the 2011 establishment of Impax's U.S. subsidiary, led by Ken Locklin.
Richardson has over 25 years of institutional investment experience and joins from Global Energy Investors where he was a managing partner. Between 1987 and 2009, he was at Dwight Asset Management as a managing director and head of business development.
“The opening of our New York office is a key milestone in our international expansion and follows the establishment of our Hong Kong office in 2011. David has an impressive record in the institutional markets and a strong personal expertise in, and commitment to, the resource scarcity and renewable energy markets,” said Ian Simm, CEO of Impax.
Founded in 1998, Impax today has $2.9 billion in assets under management. The firm focuses on resource scarcity and demand for cleaner, more efficient products and services through listed/public and private equity strategies.