

Marc Mezvinsky on TPG Rise Climate’s $7B Fund & Impact
11 snips Feb 20, 2025
Marc Mezvinsky, a partner at TPG Rise Climate, dives into the exciting world of climate tech investment. He shares insights on managing a groundbreaking $7 billion fund, focusing on how to balance financial returns with social impact. Marc discusses his unique career path, from investment banking to climate finance, and his family's political background. He also highlights the critical need for strategic capital allocation in sustainable technologies and the importance of policy collaboration for real climate impact.
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Sourcing Deals from Podcasts
- Marc Mezvinsky sourced a deal from an Inevitable podcast episode featuring an alternative cement maker.
- This investment aligned with TPG Rise Climate’s focus on clean molecules and materials.
TPG Rise Climate Overview
- TPG Rise Climate is the climate-focused arm of TPG Capital, targeting late-stage private equity investments in climate tech.
- It addresses a funding gap for maturing climate companies, leveraging TPG’s expertise and existing climate portfolio.
TPG's Evolution into Climate Investing
- TPG evolved from a family office to a major private equity firm, then to growth equity, impact investing (TPG Rise), and finally, climate-focused investing (TPG Rise Climate).
- This evolution reflects the growing need and demand for large-scale climate investments.