London, 03 September 2009 - Impax Group PLC('Impax'), the AIM listed specialist investment manager focused on the environmental sector is pleased to announce the appointment of Mr. Vince O'Brien as a Non-Executive Director of the Company from 3rd September 2009.
Mr. O'Brien is currently a director of Montagu Private Equity and has worked in the private equity industry for over twenty years. Originally qualifying as a Chartered Accountant with Coopers and Lybrand he joined Montagu Private Equity in 1993. Formerly Mr. O'Brien was Chairman of the BVCA and served on its Council for seven years.
Keith Falconer, Impax Group PLC chairman, commented:
"We are delighted that Vince has joined the Impax Board. Our private equity business is making excellent progress, and, with his considerable experience in this area, I am confident that Vince will bring a valuable strategic perspective to the Company".
Mr. O'Brien commented that:
"Impax is a well-managed, dynamic young business operating in an exciting growth sector. I hope to make a positive contribution to its development in the coming years."
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Impax Group PLC, which is quoted on the Alternative Investment Market of the London Stock Exchange, was founded in 1994 as a specialist finance house focusing on the markets for cleaner or more efficient delivery of basic services of energy, water and waste. The firm has a track record of delivering excellent returns across long only, private equity and hedge fund strategies.
Impax's dedicated team of professionals, with many years of experience in the financial and environmental sectors, is ideally placed to understand and take advantage of the investment opportunities arising from the fast growing environmental markets sector.
Impax manages assets for institutional and private investors across a range of listed and private equity funds.
For further information please visit: www.impax.co.uk