08:21 AM EDT, 09/15/2025 (MT Newswires) -- T. Rowe Price ( TROW ) has secured financing for a new corporate bond fund from Walmart ( WMT ) heir Lukas Walton's Builders Vision impact platform, Bloomberg reported Monday.
Builders Vision and Xylem (XYL), a water technology company, are among early investors, contributing a combined $200 million, the report said.
T. Rowe Price ( TROW ) is targeting as much as $500 million to support investments in water security and marine protection in emerging markets, according to the report.
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