Impax Asset Management, an Aim listed investment manager focused on the environmental sector, has appointed John McDonald as head of sales and marketing.

McDonald was previously head of alternative sales and marketing at New Star Asset Management, which he joined in 2004.

He has 25 years of experience in financial markets, 17 years of which were spent in investment research analysis and sales, followed by eight years in the sales and marketing of alternative investments.
 
Ian Simm, chief executive officer of Impax Asset Management, says: "Impax has ambitious growth plans and we are delighted that John, with his impeccable credentials in specialist asset management marketing and sales, has joined us.
 
"This is a newly created role that will further strengthen the team and partners currently distributing the firm’s long only, private equity and hedge fund strategies."