Archive

  • TPG's Rise Fund acquires Element Markets

    13 January 2021

    The Rise Fund has acquired a majority stake in environmental commodities marketing company Element Markets.

  • Hank Paulson to run TPG Rise Climate fund

    06 January 2021

    Henry Paulson has been recruited by private equity giant TPG to become executive chairman of its new climate-themed fund, according to the New York Times.

  • TPG Rise invests in Chinese education company

    24 December 2020

    TPG's Rise Fund has invested an undisclosed amount in Chinese education company Meishubao as part of a $210 million series D funding round, according to Chinese state media.

  • TPG raises $2.2bn for second impact fund

    23 October 2020

    TPG has raised $2.16 billion for its second Rise Fund, according to a filing with the US Securities and Exchange Commission (SEC).

  • Nippon Life to test impact investing waters with TPG investment

    14 July 2020

    Nippon Life intends to invest this month in TPG's Rise Fund, as part of a plan to eventually invest JPY30 billion ($280 million), through its own strategy, into companies targeting a measurable positive social or environmental impact alongside financial returns.

  • TPG's Rise Fund opens renewables arm with 1GW purchase

    01 July 2020

    TPG's flagship impact investing fund has purchased a 1GW portfolio of solar photovoltaic projects from China-based Trina Solar for an undisclosed sum.

  • TPG Rise Fund invests in US financial inclusion startup

    05 June 2020

    Mobile banking company Varo Money has closed a $241 million funding round, which included investment from TPG's Rise Fund.

  • TPG downsizes impact fund target

    23 August 2019

    Private equity firm TPG has downsized its latest impact fund, Rise Fund II, from $3 billion to $2.5 billion.

  • KKR's Global Impact Fund exceeds $1bn

    12 August 2019

    Private equity giant KKR has raised more than $1 billion for its Global Impact Fund. The firm did not disclose how much the fund is targeting or when it will close.

  • New York State pension fund commits extra $2bn to low-carbon index

    01 February 2018

    The $203 billion New York State Common pension fund has doubled its exposure to its own low-carbon index to $4 billion.