Private Equity Firm TPG Raises €4.55bn for Climate Fund

TPG has raised €4.55bn for its inaugural fund under its climate investing strategy. The fund seeks to expand the scope of commercially viable climate technologies. Investors include Allstate Corp, Hartford Financial, Ontario Teacher’s Pension Plan Board, Saudi Arabia’s Public Investment Fund and France’s AXA. The fund is lead by Executive Chairman Hank Paulson (Former U.S. Treasury Secretary) and Jim Coulter who serves as Managing Partner.

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