College scam indictment dig of Bill McGlashan CEO of The Rise Fund whose founders include Bono & Richard Branson and advisors who include John Kerry
TPG’s Rise Fund:
-
Launched with Bono in 2017
-
Brought on John Kerry as a senior advisor last year
-
First fund closed with $2 billion; second fund closed last month with about $1 billion
-
These funds represent more than half of all the PE/VC funds devoted to impact investing
https://twitter.com/lesliepicker/status/1106316409632624642?s=21
One of the people charged in the college admissions scandal appears to be Bill McGlashan, a private equity investor and CEO of The Rise Fund, a social impact fund with Bono, Richard Branson and Laurene Powell Jobs on its board therisefund.com/founders
https://twitter.com/sfiegerman/status/1105500646080475136?s=21