The Rise Fund is committed to achieving social and environmental impact alongside competitive financial returns. We seek to partner with creative entrepreneurs and build successful businesses that drive meaningful, measurable positive change.

The Rise Fund The Rise Fund


Drive global impact through uncompromised business performance.

Measurable Global Impact

Measurable Global Impact

The Rise Fund is creating a rigorous impact assessment model that uses independent, third-party research to measure and quantify social and environmental impact throughout the investment cycle, from underwriting to exit. This innovative, data-driven methodology aligns The Rise Fund’s objectives with the United Nations Sustainable Development Goals and pioneers evidence-based impact investing.

Business Performance

 Business Performance

Impact investing upends a long-held tenet that financial success is antithetical to a social mission. Impact investors aim to harness the power of the market to drive sustainable social and environmental change, which means that profits are both possible and necessary to fulfill the mission. The Rise Fund will invest in companies that create positive impact through their core business operations, seeking out those situations where business success and meaningful social and environmental impact are inextricable—one drives the other.


The Rise Fund brings together the diverse expertise of three key collaborators: TPG Growth, Elevar Equity, and The Bridgespan Group.

TPG Growth

Established in 2007 as the global growth equity and middle market buyout platform of alternative asset firm TPG, TPG Growth has more than $13 billion in assets and investments in key sectors for impact, including healthcare, financial services, industrials, and technology, as well as established networks in emerging and frontier markets throughout Africa, India, and Southeast Asia.

Elevar Equity

Elevar Equity, a human-centered venture capital firm, invests in transformative and scalable entrepreneurial ventures focused on low-income communities. The Elevar Method of investing has democratized essential services for over 20 million underserved customers and catalyzed billions of dollars of capital into 25+ companies in India and Latin America. Elevar is the founding or first institutional capital in several companies focused on financial services, agriculture, education, healthcare, and housing. An entrepreneurial emerging markets team based in India, Colombia, and the US, Elevar is widely recognized as a leader in impact investing. TPG Growth has entered into a strategic co-investment partnership with Elevar Equity.

The Bridgespan Group

The Bridgespan Group is a global nonprofit strategic advisor for philanthropists and mission-driven organizations that supports strategic solutions to social problems. The Bridgespan Group has been helping scale and document impact since 2000, and is working closely with The Rise Fund to develop rigorous impact assessment systems.


The Bridgespan Group

Bill McGlashan
Chief Executive Officer

Michael Stone
Chief Investment Officer

Stephen Ellis
Senior Partner, Business Building

Jerome Vascellaro
Chief Operating Officer

Maya Chorengel
Senior Partner, Impact

Sector Leads

Joy Basu, Agriculture & Food

Maya Chorengel, Financial Services

Brian Dunlap, Technology, Media, and Telecommunications

Rick Needham, Energy

John Rogers, Education

Founders Board

A board of highly accomplished global philanthropists, activists, and business leaders is actively engaged with The Rise Fund.

  • Bill McGlashan

  • Jeff Skoll

  • Bono

  • Lynne Benioff

  • David Bonderman

  • Richard Branson

  • Jim Coulter

  • Mellody Hobson

  • Reid Hoffman

  • Mo Ibrahim

  • Anand Mahindra

  • Laurene Powell Jobs

  • Pierre Omidyar

  • Paul Polman

Group 3