TPG Rise Climate Fund
- Company typePublic
- Founded2021
- HeadquartersSan Francisco, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
TPG Rise Climate Fund firmographics
Firmographics- Name
- TPG Rise Climate Fund
- Legal name
- TPG Inc.
- Website
- https://tpg.com
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
TPG Rise Climate Fund industry classification
Industry- Product category
- Climate-focused private equity and infrastructure investing
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525)
- akta.pro primary industry
- Energy & Sustainability / Climate Growth Equity (FSANACAG)
- akta.pro secondary industries
- Climate / Clean Tech & Decarbonization Funds (FSANAJAA), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)
Keywords
Where TPG Rise Climate Fund is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TPG Rise Climate Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Management Fees: TPG Rise Climate generates revenue through management fees charged on assets under management. These fees are typically calculated as a percentage of committed or invested capital and provide steady recurring revenue for the fund.
- Carried Interest: Fund managers earn performance-based carried interest (typically 20% of profits above a hurdle rate) when investments generate returns exceeding specified thresholds, aligning manager and investor interests.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Institutional LP commitments |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
TPG Rise Climate Fund product offering
Product offeringCore offering
TPG Rise Climate is a dedicated climate-focused private equity and infrastructure investment fund that deploys institutional capital across three verticals: clean electrons (solar, wind, renewable power), clean molecules and materials (green fuels, sustainable chemicals), and negative emissions (carbon markets, adaptation resilience). The fund invests from growth equity to value-added infrastructure, raising capital from institutional LPs and channeling it into climate solution companies globally.
Product overview
TPG Rise Climate Fund is a climate-focused investment fund that operates as the dedicated climate investing strategy within TPG's $19 billion global impact investing platform. The fund pursues a broad-based sector approach to climate solutions, spanning three primary verticals: clean electrons (solar, wind, renewable power), clean molecules and materials (green fuels, sustainable chemicals), and negative emissions (carbon markets, adaptation resilience). The fund takes a broad approach to investment types, from growth equity to value-added infrastructure. The Global South Initiative (GSI) is a complementary strategy focused specifically on climate investment opportunities across Africa, South and Southeast Asia, and Latin America, launched in partnership with ALTÉRRA. Together, these products represent TPG's comprehensive climate investing platform.
Differentiator
Problem solved
Functional benefit
Products and services
- TPG Rise Climate Fund A dedicated climate investing strategy pursuing climate-related investments across clean electrons (solar, wind, renewable power), clean molecules and materials (green fuels, sustainable chemicals), and negative emissions (carbon markets, adaptation resilience) verticals, from growth equity to value-added infrastructure. Available to institutional investors including sovereign wealth funds, pension funds, and family offices.
- Global South Initiative (GSI) A complementary climate investment strategy focused on accelerating and attracting institutional capital at scale to high-growth climate opportunities across Africa, South and Southeast Asia, and Latin America. Launched in partnership with ALTÉRRA, with initial $1.25 billion in capital commitments targeting $2.5 billion total. Offers return enhancement to encourage private equity investments in underserved climate markets.
Quantifiable outcome
- 900 million metric tons CO2e emissions averted over portfolio lifetime (TPG Rise Climate I)
- +3 more outcomes
Companies that use TPG Rise Climate Fund
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
TPG Rise Climate Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
TPG Rise Climate Fund partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Google (via Intersect Power)coreStrategic partnership through portfolio company Intersect Power to build vast amounts of renewable power to provide base load power to Google's data center operations, supporting AI-driven electricity demand with clean energy solutions.
- Applied Materials / Elevated MaterialscorePartnership to develop and commercialize battery technology enabling higher energy density for lithium-ion batteries. Elevated Materials was carved out from Applied Materials to become a supplier into the battery market, accelerating EV adoption.
- Siemens GamesacoreAcquisition of Siemens Gamesa's onshore wind business for India and South Asia to become the preferred highest-quality product supplier in the Indian wind turbine market and manufacturing location for global supply chain.
- MIRATECHcorePortfolio company partnership providing emissions-reduced power solutions for mission-critical equipment including data centers. TPG Rise Climate partnership is helping scale these solutions globally to address backup power decarbonization needs driven by AI infrastructure expansion.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
TPG Rise Climate Fund competitors and assessment
Company assessmentEmerging players
- Breakthrough Energy Ventures: Founded by Bill Gates, Breakthrough Energy Ventures is a multi-stage climate tech VC fund backing early-stage companies across electricity, transportation, buildings, manufacturing, and agriculture. It is comparable as a dedicated climate capital provider, though earlier-stage and more venture-focused than TPG Rise Climate.
- Galvanize Climate Solutions: Galvanize Climate Solutions is a dedicated climate investment firm founded by Katie Rae and Tom Steyer, deploying venture, growth, and infrastructure capital across decarbonization verticals. It is comparable as a focused climate platform but smaller and earlier-stage than TPG Rise Climate.
- Energy Impact Partners (EIP): EIP is a global utility- and corporate-backed venture and growth fund investing across the energy transition value chain. It is comparable as a climate-focused investment platform, though it leans more venture/growth than TPG Rise Climate's broader growth-to-infrastructure range.
Broad incumbents
- BlackRock Climate Infrastructure: BlackRock's climate infrastructure platform invests across renewable energy, grid, storage, and electrification assets as part of its broader Global Infrastructure Partners franchise. It competes for the same institutional LP climate capital and overlaps with TPG Rise Climate on utility-scale renewables and transition infrastructure.
- Apollo Climate Solutions: Apollo Global Management has launched dedicated climate transition strategies across its credit and equity platforms, targeting industrial decarbonization and energy transition assets. It competes for LP allocations as a large incumbent extending into climate.
Direct peers
- EQT Future: EQT Future is EQT's dedicated impact-driven growth and infrastructure fund investing in climate and nature-positive companies across Europe and globally. It competes directly with TPG Rise Climate in climate growth equity and value-added infrastructure.
- Generation Investment Management: Generation is a pure-play sustainable investing firm (co-founded by Al Gore) managing long-only public and private capital focused on climate solutions. It is a direct comparable in climate-focused sustainable private markets and impact measurement.
- Climate Fund Managers (CFM): CFM is an Africa-focused blended-finance climate infrastructure fund manager jointly backed by Sanlam and the Dutch development bank FMO. It is directly comparable on emerging-market climate investing, particularly in Africa, where both TPG Rise Climate and CFM are active.
- Brookfield Climate Transition Fund: Brookfield's flagship climate-transition strategy invests in renewable power, carbon capture, and decarbonization infrastructure globally. It is the most directly comparable large-scale climate PE/infrastructure peer to TPG Rise Climate, with overlapping mandates in clean electrons, clean molecules, and negative emissions.
- KKR Global Climate Strategy: KKR's Global Climate Strategy is a dedicated climate investment fund targeting decarbonization across energy, mobility, and industrial sectors. It is a direct head-to-head competitor for LP mandates, portfolio companies, and impact-measurement credibility in the climate PE space.
Market position
Competitive moat6 records
Customer concentration
TPG Rise Climate Fund social profiles
Digital presenceTPG Rise Climate Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
TPG Rise Climate Fund leadership team
Management profileNumber of profiles
Profiles8 records
TPG Rise Climate Fund subsidiaries and ownership
Company hierarchySubsidiaries1 record
TPG Rise Climate Fund funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TPG Rise Climate Fund M&A and investment
M&A and investmentM&A9 records
Investments28 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TPG Rise Climate Fund
What does TPG Rise Climate Fund do?
TPG Rise Climate is a dedicated climate-focused private equity and infrastructure investment fund that deploys institutional capital across three verticals: clean electrons (solar, wind, renewable power), clean molecules and materials (green fuels, sustainable chemicals), and negative emissions (carbon markets, adaptation resilience). The fund invests from growth equity to value-added infrastructure, raising capital from institutional LPs and channeling it into climate solution companies globally.
Is TPG Rise Climate Fund a public or private company?
TPG Rise Climate Fund is a public company. It is classified as public and is currently operating.
When was TPG Rise Climate Fund founded?
TPG Rise Climate Fund was founded in 2021. It employs 101 to 250 people.
Where is TPG Rise Climate Fund based?
TPG Rise Climate Fund is headquartered in San Francisco, United States, in the North America region.
How does TPG Rise Climate Fund make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are TPG Rise Climate Fund's main competitors?
Emerging players on record are Breakthrough Energy Ventures, Galvanize Climate Solutions and Energy Impact Partners (EIP). Broad incumbents are BlackRock Climate Infrastructure and Apollo Climate Solutions. Direct peers are EQT Future, Generation Investment Management, Climate Fund Managers (CFM), Brookfield Climate Transition Fund and KKR Global Climate Strategy.
Does TPG Rise Climate Fund have an API?
No public API is recorded for TPG Rise Climate Fund.
What industry is TPG Rise Climate Fund in?
TPG Rise Climate Fund's product category is Climate-focused private equity and infrastructure investing. Its primary akta.pro industry code is FSANACAG, Energy & Sustainability / Climate Growth Equity, with a secondary code of FSANAJAA, Climate / Clean Tech & Decarbonization Funds. Its NAICS code is 525.