Fund vehicle
TPG Rise Climate Fund I
TPG Rise Climate Fund I is a private equity impact fund managed by TPG, specifically dedicated to climate-related investments. The fund focuses on scaling innovative businesses that contribute meaningfully to climate change mitigation and adaptation, aiming to generate strong financial returns alongside quantifiable climate impact. It employs a broad-based sector approach, investing in five core climate sub-sectors: clean energy and storage, enabling solutions, decarbonised transport, greening industrials, and agriculture & natural solutions.
- Manager
- TPG Global, LLC
- Vintage
- 2021
- Strategy
- Private Equity
- Target size
- $7bn
- Size
- $7.3bn
- Status
- Closed
Disclosed limited partners
- 3M Company
- ADM (Archer Daniels Midland Company)
- Allstate Investments, LLC
- Alphabet
- Apple
- AXA Investment Managers (AXA IM)
- Bank of America Corporation
- Boeing
- Dow Inc.
- Exor
- FedEx
- General Electric
- Hartford Financial
- Honeywell International Inc.
- John Deere (Deere & Company)
- Los Angeles City Employees' Retirement System
- Michael R. Bloomberg
- New Jersey Division of Investment
- NIKE
- Ontario Teachers' Pension Plan Board
- Public Sector Pension Investment Board
- Saudi Arabia's Public Investment Fund
- School Employees Retirement System of Ohio
- Silk Road Fund
- Smithfield Foods
- State of Michigan Retirement Systems
- Sumitomo Mitsui Banking Corporation
- TD Bank Group
- Washington State Investment Board (WSIB)
Sources
- Partner Researchers, accessed 14 November 2026