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UBS Makes Further Impact Investing Push; Raises $325 Million

Tom Burroughes

12 July 2017

. The phenomenon is seen as a way to draw in investors worried about the world’s natural environment, poverty, homelessness, substance abuse, inadequate schooling and crime. 

The Rise Fund is an impact investing collaboration among several parties, including: co-founders Bill McGlashan, Bono, and Jeff Skoll. Bill McGlashan is chief executive of the fund founder and managing partner at TPG Growth;  The Bridgespan Group, a global non-profit advisor and resource for mission-driven organizations, philanthropists and investors; The Founders Board, a group of influential thought leaders, and The Rise Council, which supports the Fund and the impact investing industry more broadly, and whose members include UBS.