[ TRANSACTION RECORD ]

Bloomberg Philanthropies Investment in The Global Fund — 2023

VERIFIED VECTOR ID: 002156 · tx-252
M SOURCE NODE — FUNDER
Finance United States
$50,000,000
GRANT
01/12/2023
Q DESTINATION NODE — RECIPIENT
NGO Switzerland
Amount (USD)
$50.0M
Flow Type
GRANT
Transaction Date
01/12/2023
Primary Source
Funder Profile [ M ]
AUM 12000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity Type NGO
Jurisdiction Switzerland
Intelligence Note

Bloomberg Philanthropies committed 50 million dollars in grants to The Global Fund to support the fight against AIDS, tuberculosis, and malaria as pandemics. This transaction provides resources for local healthcare experts to deliver life-saving treatments in the most affected regions. The deal is a primary institutional source of capital for global infectious disease control.