PORTSMOUTH, N.H., October 4, 2021 – Impax Asset Management, the specialist asset manager investing in the transition to a more sustainable economy, and investment adviser to the Pax World Funds, today announced the appointment of Ed Farrington to the newly created role of Head of Distribution for North America.
Ed will be responsible for leading Impax’s North American distribution efforts, working with the leadership of the institutional and intermediary sales and marketing teams and in coordination with the global client services and business development (CSBD) team.
The appointment was effective September 30, 2021. Ed will join Impax’s Executive Committee and reports to Joe Keefe, President, North America, Impax Asset Management.
Ed is a senior distribution leader with over 20 years of experience in the investment management industry. He has extensive knowledge in all distribution channels, including institutional, intermediary, consultant relations and retirement. He joins Impax from Natixis Investment Managers, where most recently he was an Executive Vice President and led institutional and retirement business development and consultant relations. For the past several years, he has also held a leadership role on firmwide ESG (Environmental, Social and Governance) efforts on behalf of Natixis and its subsidiaries.
Joe Keefe, President, North America, Impax Asset Management, said: “We are delighted to welcome Ed to the firm. A seasoned industry veteran, Ed joins at an exciting time for Impax as professional investors and asset owners increasingly seek specialist investment managers who are investing in companies leading the transition to a more sustainable economy. Ed’s strong relationships and deep insights across distribution channels will help us deliver on our next stage of growth and enhanced strategic positioning in North America.”
Ed Farrington, Head of Distribution for North America, Impax Asset Management, said: “With decades of success as an authentic voice on climate and environment, gender diversity and other global challenges facing capital markets, proven long-term performance and an experienced leadership team, Impax is a true leader in investing in the transition to a more sustainable economy. I look forward to working with Joe and the team to build on the firm’s strong organic growth and continue to deliver best-in-class offerings for our clients.”
Ed’s hire comes at a time of significant growth for Impax. The appointment follows the recent addition to Impax’s Executive Committee of Cath Bremmer as Chief Commercial Officer and the appointment of Christine Cappabianca as Portfolio Manager of the firm’s Systematic strategies.
Founded in 1998, Impax is a specialist asset manager, with approximately £38.0bn / $52.2bn as of 31 August 2021 in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable global economy.
Impax believes that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well-positioned companies and create risks for those unable or unwilling to adapt.
The company seeks to invest in higher quality companies with strong business models that demonstrate sound management of risk. Impax offers a well-rounded suite of investment solutions spanning multiple asset classes seeking superior risk-adjusted returns over the medium to long term.
Impax’s North American division, Impax Asset Management LLC, is the investment adviser to Pax World Funds, a range of eleven mutual funds available to investors in the US.
Impax has ca. 200 staff across six offices in the United Kingdom, the United States, Ireland and Hong Kong, making it one of the investment management sector’s largest investment teams dedicated to sustainable development.