Investors From DBL and Technology Partners Unite to Launch $400M Impact Fund

Calling it the largest impact fund in venture capital, Pfund, Ringo and Ehrenpreis launch DBL Partners.

Greentech Media
June 23, 2015

By Eric Wesoff

Ear­ly this year, we report­ed that DBL Investors was look­ing to raise $300 mil­lion for its third fund, accord­ing to an SEC fil­ing. The SEC fil­ing list­ed Ira Ehren­preis as a part­ner in the firm. At the time, Ehren­preis was still list­ed as head of the clean­tech prac­tice at Tech­nol­o­gy Part­ners. None of the prin­ci­pals were com­ment­ing at the time.

This morn­ing DBL Part­ners announced the close of a $400 mil­lion impact fund focused on invest­ments “that com­bine val­ue and val­ues.” The fund looks to make “invest­ments with pos­i­tive social, envi­ron­men­tal or region­al eco­nom­ic impact with­out com­pro­mis­ing finan­cial returns.”

The new fund com­bines part­ners from the ener­gy prac­tices of DBL Investors and Tech­nol­o­gy Partners.

To read the full arti­cle, vis­it Green­tech Media