TPG Seals Record $2 Billion for Fund Co-Led by Bono

Oct 2017
Global, October, 03 2017 - Private equity firm TPG collected $2 billion for The Rise Fund, tapping growing demand for impact investing to create the largest pool of its kind. The fund, which TPG raised in about seven months, surpassed its $1.5 billion target and hit its $2 billion hard cap, or the maximum amount of outside capital allowed by its agreement with investors. TPG employees plan to commit additional money before a final close.

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Source : Bloomberg

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