UBS raises $325 million for Bono’s ‘Rise’ fund — how to invest based on your values

Investing isn’t all about the nuances of stocks and bonds and the twists and turns of the market — sometimes, it involves matters of the heart. On Monday, UBS announced it had raised $325 million for The Rise Fund, which was co-founded by Bono and hopes to combine financial returns and support a range of social and environmental causes. The fund’s total size is $2 billion and is managed by Bill McGlashan, founder and managing partner of TPG Growth, Reuters reports. Its investments include EverFi, a provider of subscription-based digital learning to K-12 schools, universities, corporations, sports teams and NGOs, and Dodla, an Indian dairy business.

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