The Rise Fund, a global investment fund managed by TPG Growth that is committed to achieving measurable social and environmental outcomes alongside competitive financial returns, added Anand Mahindra to the Rise Founders Board.
As a member of the Founders Board Mahindra will grow The Rise Fund’s presence in India and identify new investment opportunities for the $2B fund.
He joins The Rise Fund’s founders—Bill McGlashan, Bono, and Jeff Skoll—as well as other visionary business leaders who work closely with the fund, bringing deep expertise in business development, governance, and social and environmental impact.
During Mahindra’s tenure, Mahindra Group has grown into a global federation with a leading presence in major sectors of the Indian economy, including agriculture, automobiles, IT services, renewable energy and aerospace and defense. Mahindra has also served on numerous influential boards and organizations, including the Global Board of Advisors of the Council on Foreign Relations, New York; World Bank Group’s Advisory Board for Doing Business; and the International Advisory Council of Singapore’s Economic Development Board.
He was the co-chair for the World Economic Forum (WEF) in 2009 and the WEF India Economic Summit in 2014.
Managed by TPG Growth, the global growth equity and middle market buyout platform of alternative asset firm TPG, The Rise Fund is a global fund committed to achieving measureable, positive social and environmental outcomes alongside competitive financial returns. It invests in education, energy, food and agriculture, financial services, growth infrastructure, healthcare, and technology, media, and telecommunications companies.
Its first investment in India was made last year in Dodla Dairy, a fresh dairy product company.