Chris Janiec
Executives from TPG’s The Rise Fund have not been shy about a desire to lead ‘impact investing’. That ambition would be helped if they could be more explicit about how that impact will be measured.
Joy Basu’s exit from her role with the $2bn vehicle leaves it without a lead executive for agriculture, one of the seven sectors it targets.
Harvard’s exit from its New Zealand dairy investments comes amidst personnel changes and a refinement of its approach to natural resources.
The $50m investment is the second transaction from The Rise Find, TPG Growth’s $2bn global impact fund.
The merger of the business development companies creates a $13 billion industry leader.