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