TPG’s Rise Fund raises $2 bln for impact investing with measurable outcomes

David Bonderman, TPG Capital, private equity
  • Led by TPG Growth’s Bill McGlashan, Jeff Skoll and Bono
  • TPG employees to add more capital before final close
  • Partners Bridgespan Group and KPMG to track social outcomes
TPG’s impact-investing arm, Rise Fund, hit its hard cap of $2 billion, a person familiar with the situation confirmed. The news was first reported by Bloomberg. Led by Bill McGlashan, a managing partner at TPG Growth, Rise was targeting $1.5 billion. More ...
FUNDRAISERS: Don't miss PartnerConnect East 2018 on March 19-21 in Boston, with more than 150 speakers, 200 LPs and 300 fund managers, bankers and lenders. CLICK FOR DETAILS!

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period

If you already have an active Buyouts subscription, please sign in to view this article.

Digital Edition


To read a digital copy of our latest magazine

click here

PE News Briefs