Oct 13, 2022
TPG Rise Named to Fortune’s Change the World List
Marks the First Time a Private Equity Firm has been Recognized
SAN FRANCISCO & FORT WORTH, Texas – October 13, 2022 – TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, is pleased to announce that TPG Rise, the firm’s global impact investing platform, has been named to Fortune’s 2022 Change the World list. The annual list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. TPG is the first private equity firm to be recognized.
TPG Rise is a category creator and leader, having pioneered at-scale private equity impact investing with the launch of our first fund in 2016. To date, TPG Rise has funded more than 55 impact businesses across sectors with operations in more than 44 countries, addressing 15 of the 17 United Nations’ Sustainable Development Goals (UN SDGs). Over the past six years, our portfolio companies have delivered an estimated $4.7 billion of impact. Please refer to The Rise Funds' 2021 Impact Report Highlights for additional details.
TPG Rise was recognized on Fortune’s 2022 Change the World List alongside a number of inspiring companies, including two of our portfolio companies: InStride and Zipline. As “the engine behind dozens of world-changing startups,” TPG Rise’s entrepreneurs and portfolio companies are responding to current social needs and economic dislocation with a continued commitment to deliver impact through scalable business solutions. In addition to providing capital and business-building expertise to our impact businesses, we are committed to using the TPG Rise ecosystem to amplify the profile of our entrepreneurs, founders, and CEOs so that they can both maximize their impact and inspire a new generation of impact-driven entrepreneurs.
We built TPG Rise and the most rigorous, evidence-based, and data-driven impact assessment methodology on the chassis of TPG to demonstrate to institutional investors and our large private equity peers that – when done right – impact investing can scale, and private companies can make a positive difference.
Fortune evaluates the companies by measurable social impact, business results, degree of innovation and corporate integration. To view the entire list, please visit: https://fortune.com/change-the-world/.
TPG is a leading global alternative asset management firm founded in San Francisco in 1992 with $127 billion of assets under management and investment and operational teams in 12 offices globally. TPG invests across five multi-product platforms: Capital, Growth, Impact, Real Estate, and Market Solutions and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.
About TPG Rise
TPG Rise is TPG’s global impact investing platform. With more than $15 billion in assets under management across The Rise Funds, TPG Rise Climate, and the Evercare Health Fund, TPG Rise is the world’s largest private markets impact investing platform committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns.
For more information, visit www.therisefund.com or @therisefund on Instagram.