The Rise Fund, an impact fund founded by Irish singer-songwriter and venture capitalist Bono, the front man for rock band U2, alongside other high-profile investor including PayPal’s Jeff Skoll and TPG Growth’s Bill McGlashan, announced the close of its $2 billion hard cap in Oct 2017. In late April, the private equity fund announced that it would add another big-name to its roster, with the hiring off former U.S. Secretary of State John Kerry as a senior advisor to the social investing fund.
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