TPG RISE Fund raises another $50 million



Swedish pension fund Second AP Fund — or AP2 — is committing to the planned $2 billion fund to boost its Sustainable Development Goal-aligned investing. “We try to be actively involved in these goals,” says AP2’s Eva Halvarsson.

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TPG’s impact assessment methodology was developed independently by The Bridgespan Group — a key draw for AP2.

The RISE Fund has so far announced two investments: in edtech venture EverFi and India’s dairy company Dodla.

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