TPG taps Montag, Finucane to launch carbon-credit company

Private-equity firm TPG Inc. has tapped Wall Street heavyweights Tom Montag and Anne Finucane to lead a new carbon-credit business it hopes will improve access to the emissions offset market.

Why it matters: TPG Rise Climate is investing $300 million into a new company called Rubicon Carbon, which seeks to simplify the way buyers invest in carbon credits.