Joe Keefe is President and CEO of Pax World Funds (“Pax”) and President of its investment adviser, Impax Asset Management LLC, formerly Pax World Management LLC, as well as CEO of its subsidiary, Pax Ellevate Management LLC.
Under Joe’s leadership, Pax has become a leading innovator in the rapidly growing field of sustainable investing. He is a passionate advocate for investing in women and the critical role that gender diversity plays in business success. Joe led Pax to acquire the first ever mutual fund to invest in women’s equality. Today, the successor to that fund — the Pax Ellevate Global Women’s Leadership Fund is the oldest and largest in the gender-lens space.
InvestmentNews included Joe in its 2019 list of “10 leaders of ESG and Impact Investing,” calling him a “longtime giant” in gender-lens investing. Barron’s named Joe one of the “20 Most Influential People in Sustainable Investing” in 2018 for his work to advance gender equality.
Joe co-founded the Thirty Percent Coalition, whose work has led to women joining more than 100 previously non-diverse boards. He is former co-chair of the leadership group for the Women’s Empowerment Principles, a joint program of the United Nations Global Compact and UN Women. Ethisphere magazine named Joe one of the “100 Most Influential People in Business Ethics” five times, Women’s eNews recognized him as one of “21 Leaders for the 21st Century” in 2012 — he was the sole male honoree, and Financial Times named Joe one of its 10 “top feminist men” of 2015 for his work to help women succeed in business and beyond. In 2016, Joe was named the University of New Hampshire’s “Social Innovator of the Year,” and he received the Global Leadership Award from the World Affairs Council of New Hampshire the same year.
Joe serves on the board of New Hampshire Public Radio. Prior to joining Pax, he was President of NewCircle Communications, a strategic consulting and communications firm specializing in corporate social responsibility and public policy-oriented communications. He served as Senior Adviser for Strategic Social Policy at Calvert Group from 2003-2005 and as Executive Vice President and General Counsel of Citizens Advisers from 1997-2000. He is a former member of the Board of Directors of US SIF (2000-2006), the trade association representing asset managers and investors engaged in sustainable investing throughout the United States.
He is a former Democratic nominee for United States Congress in New Hampshire’s First Congressional District and a former chair of the New Hampshire Democratic Party and member of the Democratic National Committee. He received a Bachelor of Arts in philosophy from the College of the Holy Cross and a Juris Doctor from the University of Virginia School of Law. Prior to entering the investment management industry, he was in private law practice for 16 years.