UBS Wealth Management helps raise $110 million for Rethink Impact

By Tali Rackner

Norfolk, Va., March 8 – UBS Wealth Management Americas contributed to raising more than $110 million for venture capital fund Rethink Impact, according to a press release.

More than half of the funds came from UBS clients, including high net worth individuals, family offices, private foundations and universities.

Rethink Impact is an impact investing venture capital fund investing in gender diverse, tech-enabled companies working to solve the world's biggest challenges based on the UN Sustainable Development Goals.

UBS Wealth Management Americas a wealth manager and a subsidiary of UBS Group AG.

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