TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, has closed with $7.3 billion of equity commitments.
The TPG Rise Climate fund reached its hard cap, bringing together a unique blend of capital from some of the world’s most prominent institutional investors and a diverse set of global companies.
TPG Rise Climate pursues climate-related investments and takes a broad-based sector approach to investment types, from growth equity to value-added infrastructure, and focuses on five climate subsectors: clean energy and storage, enabling solutions, decarbonized transport, greening industrials, and agriculture and natural solutions. Since launching in 2021, TPG Rise Climate has rapidly deployed capital through growth-stage investments in innovative climate solutions.
“We continue to be inspired by the climate innovation we are seeing across sectors and around the world,” said Jim Coul
