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1998Impax Asset Management founded with mandate from the International Finance Corporation (IFC)*
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1999First listed equity strategy launched with advisory contract for Alm. Brand Invest in Denmark
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2001Floated on the London Stock Exchange’s Alternative Investment Market (AIM) and subsequently renamed Impax Asset Management Group Plc
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2002First own-label listed equity fund launched: Impax Environmental Markets Plc
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2004Launch of Impax Funds (Ireland) plc, a self-managed umbrella UCITS
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2005Launch of first private equity infrastructure fund
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2007BNP Paribas Asset Management Holding became a shareholder; Hong Kong team established; Advisory relationship with Pax World Management LLC established
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2008SEC registration; UN PRI signatory
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2010Launch of second private equity infrastructure fund
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2012New York Metro office established
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2014Portland (OR) office established; Impax received the Queen’s Award for Enterprise: Sustainable Development
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2015Impact methodology launched; Global Opportunities strategy seeded
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2016SmartCarbon research published
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2018Impax acquired Pax World Management LLC which was subsequently renamed Impax Asset Management LLC
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2019Impax received World Economic Forum’s Circulars Investor Award
*Corporate finance advisory firm Impax Capital Ltd was established in 1994. Ian Simm was working at Impax Capital prior to founding Impax Asset Management Ltd in 1998. Impax Capital Ltd ceased operating in September 2007.