TPG-backed The Rise Fund to invest in Asia Pacific University of Technology and Innovation.

TPG-backed The Rise Fund, a multi-sector global impact investing platform, agreed to invest in Asia Pacific University of Technology and Innovation. Financial terms were not disclosed. “As Malaysia’s first, and leading technology-focused private university, APU is uniquely positioned to meet the fast-growing demand for emerging leaders equipped with the latest digital skills, by providing highly employable graduates in these areas. By leveraging on our experience investing across the education and technology sectors globally, TPG looks forward to partnering with APU’s team to accelerate its vision and expansion,” Tunku Ali Redhauddin Tuanku Muhriz, TPG Senior Advisor.