Key Takeaways
- • Impax Asset Management has appointed Andrew Morris as Co-Head of Private Equity Infrastructure, effective 2026, joining the firm's Management Committee alongside existing Co-Head Daniel von Preyss.
- • Morris brings significant infrastructure investment experience from his prior role as head of infrastructure equity at UBS Asset Management's Real Estate and Private Markets group.
- • The appointment strengthens Impax's private equity infrastructure platform at a time when the firm manages multiple infrastructure funds, including its NEF IV fund which recently acquired a majority stake in Bullfinch Asset, a clean energy fintech provider.
- • Impax Asset Management, founded in 1998, positions itself as a specialist in sustainable economy investments and remains one of the largest investment managers dedicated to this transition thesis.
Summary
The appointment reflects Impax's continued expansion within infrastructure investing, a strategic focus area for the London-based asset manager. Founded in 1998, Impax has established itself as a specialist manager targeting investment opportunities arising from the global transition to a sustainable economy. The firm has grown to become one of the largest dedicated sustainable investment managers globally, with particular strength in private markets infrastructure deployment.
Morris's arrival comes as Impax's infrastructure funds remain active in the market. The firm's NEF IV fund has recently deployed capital, acquiring a majority stake in Bullfinch Asset, a Frankfurt-based clean energy financial technology provider, demonstrating ongoing capital deployment in the energy transition space. The dual leadership structure under Morris and von Preyss positions the private equity infrastructure team to manage growing asset levels and pipeline activity within this thematic investment area.
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