TPG Rise Climate Fund

2018

Founded

7

Investments

United States

Offices

Venture Fund

Investor Type

About

TPG Rise Climate Fund is the dedicated climate investing strategy of TPG’s global impact investing platform, TPG Rise. Launched in early 2021, the fund focuses on investments that leverage TPG's diverse team of professionals, strategic relationships, and global network to address climate-related challenges. The fund employs evidence-based research and data to guide its investment decisions, utilizing methodologies like Y Analytics’ Carbon Yield to estimate the tons of carbon dioxide equivalent emissions avoided per dollar invested.

The fund's investment focus spans several thematic areas, including Clean Electrons (Energy Transition and Green Mobility), Clean Molecules (Sustainable Fuels and Sustainable Materials & Products), and

Emissions (Carbon Solutions). Notable investments include the acquisition of Altus Power, a leading solar power provider, and a strategic partnership with Tata Motors to advance passenger mobility electrification in India.

Investment Stage

HQ Locations

Portfolio Companies

Altus Power, Nextracker, Bluesource, Element Markets, Tata Motors

Gepgraphic Focus

Global

Key Differentiators

"Leverages TPGs global network of executives, advisors, and corporate partners.", Utilizes evidence-based research and data to guide investment decisions., Employs Y Analytics’ Carbon Yield methodology to estimate emissions avoided per dollar invested.

Thypical Investment Size

The fund employs a broad-based sector approach to investment types, from growth equity to value-added infrastructure, focusing on five climate sub-sectors: clean energy, enabling solutions, decarbonized transport, greening industrials, and agriculture & natural solutions.

Total Funds Raised

$7.3 billion

Visit Website

ClimateTech & CleanTech

BioTech

Series C

Series D

United States