The Rise Fund Acquires Element Markets
Summary
“The Rise Fund’s mission to deliver positive social and environmental impact alongside competitive financial returns is perfectly aligned with Element Markets’ value proposition. These recent transactions add to The Rise Fund’s growing portfolio of climate and sustainability focused investments including CLEAResult, the largest provider of energy efficiency and demand response solutions in North America; Fourth Partner Energy, Indias leading developer of distributed solar solutions; Wilderness Holdings, a leading ecotourism group using responsible tourism to build sustainable conservation economies in Africa; and Green Monday, Asia’s plant-based food leader. The Rise Fund is the world’s largest global impact platform committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns. Headquartered in San Francisco, The Rise Fund was founded in 2016 by TPG in partnership with Bono and Jeff Skoll and offers deep expertise in business solutions to help achieve the United Nations’ Sustainable Development Goals. As part of TPG, The Rise Fund offers investment resources, business-building skills, rigorous measurement and a global network to help portfolio companies accelerate growth and impact.