# IPMAT

IPMAT is a Pension Fund based in Almirante Tamandare, Brazil.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Almirante Tamandare, Brazil
- **Region:** Europe
- **Address:** Almirante Tamandare, Brazil
- **Assets under management:** Undisclosed
- **Website:** ipmat.co.uk
- **LinkedIn:** https://linkedin.com/company/ipmat

## Regulatory record

- **Reports private funds:** No

## About

IPMAT operates from Almirante Tamandare, Brazil, while its web presence and commercial assets are anchored in England's West Yorkshire region. The entity lists a portfolio of ten primary and infant academy sites — from Ackton Pastures Primary Academy in Castleford to Towngate Primary Academy in Ossett — alongside cash holdings and tangible fixed assets in the United Kingdom. Its name resolves to Inspire Partnership Multi-Academy Trust, an organization that counts the West Yorkshire Pension Fund as its Local Government Pension Scheme provider for trust staff.\n\nThe trust's deployment is concentrated entirely in educational real assets — physical school buildings and the operating contracts that govern them. Its structure includes direct relationships with professional bodies such as The Education Exchange and participation in regional networks like the Education Ossett Community Trust through its Gawthorpe Community Academy and Towngate Primary Academy sites. The asset base is notably static: ten named schools, cash equivalents, and net-book-value tangible fixed assets, with no publicly recorded fund commitments, direct startup investments, or private equity allocations.\n\nGovernance rests with a board chaired by Karen Partridge, while Matthew Knox holds the CEO role. The trust maintains no disclosed investment team, no adjacent venture vehicles, and no wealth management arm — it functions as a pure operating entity tied to the UK's academy conversion program. The West Yorkshire Pension Fund relationship provides the sole visible institutional financial nexus, covering staff retirement obligations through the Local Government Pension Scheme.\n\nWhat distinguishes IPMAT is the jurisdictional split between its Brazilian domicile and its entirely English operational footprint. An academy trust incorporated or registered in Brazil but holding UK educational institutions is an architectural outlier — most English multi-academy trusts are UK-registered charities or companies limited by guarantee. The domain ipmat.co.uk points to a .uk registration, yet the head office sits in Paraná state. This cross-border setup, whether reflective of a holding structure, a founder's relocation, or an international governance arrangement, separates IPMAT from nearly every other academy trust operator in England.

## Sectors

- Education

## People

- Matthew Knox — Chief Executive Officer
- Karen Partridge — Chair of the Board of Trustees

## Questions

### How is IPMAT related to the West Yorkshire Pension Fund?

The West Yorkshire Pension Fund acts as the Local Government Pension Scheme provider for staff employed across IPMAT's academies. This is a standard arrangement for UK academy trusts, where teaching and support staff are enrolled in the LGPS for retirement benefits. The relationship does not indicate an investment partnership or capital allocation from the pension fund to the trust itself.

### Why is a trust operating English schools domiciled in Brazil?

IPMAT's head office is recorded in Almirante Tamandare, Paraná, Brazil, while all ten of its named academy sites are in West Yorkshire, England. The reason for this jurisdictional split is not publicly explained. Possible explanations include a holding company structure with Brazilian incorporation, a founder's relocation, or an international governance framework — but no primary source confirms the rationale.

### Does IPMAT invest in funds or private companies?

There is no public record of IPMAT making fund commitments, direct startup investments, or private equity allocations. The trust's disclosed assets consist of ten primary and infant school sites, cash and cash equivalents, and tangible fixed assets at net book value — all held in the United Kingdom. It functions as an operating educational entity, not an institutional investor.

## Related profiles

- [IPI Wealth Management](https://altss.com/profile/ipi-wealth-management)
- [IPMH](https://altss.com/profile/ipmh)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/ipmat

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