The specialist firm says it invests in the opportunities arising from the transition to a more sustainable global economy.

Impax Asset Management, the UK firm focused on areas such as human-caused global warming and pollution, is targeting the Latin American investor base. It has signed a distribution deal with BTG Pactual US Capital.

Under the terms of the agreement and subject to local regulatory standards, BTG Pactual will distribute Impax’s range of Irish-domiciled UCITS funds to its clients in Latin America, which include institutional investors and financial intermediaries, Impax said in a statement on Friday last week. 

Founded in 1998, Impax is a significant player in the field: it oversaw £38.9 billion ($48.4 billion) in assets under management as the end of May.

The agreement marks the first time that Impax has actively targeted the Latin America region. 

Its partner in the deal, BTG Pactual US Capital, is a subsidiary of Banco BTG Pactual, the financial services company with more than 6,000 employees. It operates across Latin America.