The Rise Fund is a global impact investment fund committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns. Established in 2016, it is managed by TPG Growth, the global growth equity and middle market buyout platform of alternative asset firm TPG. The fund was co-founded by TPG Growth Founder and Managing Partner Bill McGlashan, U2 lead singer Bono, and entrepreneur Jeff Skoll.

The Rise Fund focuses on sectors such as education, energy, food and agriculture, financial services, growth infrastructure, healthcare, and technology, media, and telecommunications. Its mission aligns with the United Nations' Sustainable Development Goals, aiming to drive social and environmental progress through strategic investments. The fund has committed over $1.8 billion in capital to more than 30 impact businesses across 20 countries, managing more than $5 billion in assets.

Notable investments include DreamBox Learning, a K-8 math education technology company, and Teachers of Tomorrow, the nation's largest teacher alternative certification program.

The Rise Fund's portfolio companies have generated an estimated $1.5 billion of impact since investment, maintaining a median revenue growth rate of 25% in 2019. Their unique approach combines rigorous impact assessment models with traditional investment strategies, pioneering evidence-based impact investing.