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Posted on: March 15, 2019, 8:01 a.m.
TPG said it fired Bill McGlashan, founder of the firm’s social-impact funds, after he was charged this week in a wide-ranging college-admissions scandal. The company also is allowing investors in its second social impact fund to withdraw their commitments, according to a person familiar with the matter. The vehicle, known as The Rise Fund II LP, is still aiming to close this year with $3 billion. Full investment news articleRelevent to this post: James Coulter San Francisco Employees' Retirement System,