A $2 Billion fund is on the "Rise" that is seeking financial and social returns. It's great to see social causes that can make a positive impact on society and be profitable for investors. Of course the most rewarding feeling is that intrinsic feeling one gets at the end of the day.
TPG is heading the Rise Fund has had success in the growing economy of Myanmar with a company called Apollo Towers where they had 0 cellphone penetration to 70% in a short period of time. For those who are unfamiliar Myanmar just recently opened up to allow more than a few thousand tourists to visit their country each year and is poised for immense growth.
Board members will consist of Bono; eBay founder Pierre Omidyar; Jeff Skoll, who served as the first president of eBay; Laurene Powell Jobs; Richard Branson; Reid Hoffman; Mellody Hobson, president of Ariel Investments; philanthropist Lynne Benioff; and investor Mo Ibrahim.
More information to come...
TPG is heading the Rise Fund has had success in the growing economy of Myanmar with a company called Apollo Towers where they had 0 cellphone penetration to 70% in a short period of time. For those who are unfamiliar Myanmar just recently opened up to allow more than a few thousand tourists to visit their country each year and is poised for immense growth.
Board members will consist of Bono; eBay founder Pierre Omidyar; Jeff Skoll, who served as the first president of eBay; Laurene Powell Jobs; Richard Branson; Reid Hoffman; Mellody Hobson, president of Ariel Investments; philanthropist Lynne Benioff; and investor Mo Ibrahim.
More information to come...
