Impax Asset Management ( (GB:IPX) ) just unveiled an announcement.
Impax Asset Management has completed the acquisition of the European assets of SKY Harbor Capital Management, a high yield fixed income manager. This strategic acquisition enhances Impax’s capabilities in fixed income, adding approximately £1.1 billion in assets under management and expanding its range of credit market solutions. The acquisition also includes Frankfurt-based SKY Harbor Capital Management GmbH, facilitating cross-border distribution. This move follows Impax’s previous acquisition of Absalon Corporate Credit, bringing its total fixed income assets to £2.6 billion, and further solidifying its position in the sustainable investment sector.
More about Impax Asset Management
Impax Asset Management Group plc is an AIM-listed specialist investor focused on the transition to a more sustainable economy. The company offers investment strategies aimed at institutional investors, private wealth advisers, and multi-asset managers, with a focus on sustainable finance and responsible investment solutions.
YTD Price Performance: -17.86%
Average Trading Volume: 1,051,758
Technical Sentiment Signal: Buy
Current Market Cap: £250M
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