Top Investors Back $5.4 Billion TPG Rise Climate Fund ...Middle East

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Top Investors Back $5.4 Billion TPG Rise Climate Fund
source : OILPRICE ( Middle East ) () 4
Alternative asset firm TPG announced this week the first close of $5.4 billion in subscriptions to its TPG Rise Climate fund, which attracted some of the world's largest institutional investors and multinational corporations. TPG Rise Climate, the climate investing strategy of TPG's global impact investing platform TPG Rise, has set a hard cap of $7 billion in total capital commitments and expects to hold a final close in the fourth quarter of 2021.  The fund's first close received subscriptions from some of the world's largest institutional…

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