Rise Fund’s Impact Multiple of Money: A conversation with TPG’s Bill McGlashan

  • Largest impact investment fund... TPG Growth's Rise Fund quickly raised $2 billion from a Who’s Who of global billionaires and institutional investors, making it the largest impact investment fund to date.
  • On-stage conversation...Bill McGlashan, Rise Fund founder and CEO, sat down with ImpactAlpha's David Bank at an event hosted by the Commonwealth Club in Mill Valley, California.

Rockefeller and UBS Optimus test pay-for-success model for water purification

  • Social success note... UBS Optimus will loan $500,000 to Impact Water using a structure that reduces interest payments if Impact Water hits impact goals.
  • Bonus offer... Rockefeller, meanwhile, is offering an additional $200,000 to cover Impact Water’s loan interest and boost UBS’s returns if those targets are met.

Pula secures seed funds to offer small farmer insurance

OhmConnect raises $8.5 million to expand the “energy sharing” economy

  • 1,000 tons... OhmConnect says its 300,000 participants have prevented 1,000 tons of CO2 emissions and received $4 million in energy savings payments.
  • Series B... The company has raised $15 million since launching in 2014, including $8.5 million from its latest Series B round.

Wunder Capital raises $112 million to scale US commercial solar financing

  • Debt and equity… Wunder’s $11 million Series B equity financing was led by Cyrus Capital Partners, and included Techstars Ventures. Cyrus also provided $100 million in debt to Wunder.
  • US solar finance... Mosaic, a California-based solar financing company that provides residential rooftop solar installations via companies selling home solar products, raised $220 million in 2016.