Nancy E. Pfund is Founder and Managing Partner of DBL Investors, a venture capital firm located in San Francisco, whose goal is to combine top-tier financial returns with meaningful social, economic and environmental returns in the regions in which it invests. As a leading player in the growing field of “impact investing”, DBL has helped to reveal the power of venture capital to promote social change and environmental improvement, and Nancy writes and speaks frequently on this topic. Ms. Pfund currently sponsors or sits on the board of directors of several companies, including; SolarCity (NASDAQ: SCTY), BrightSource Energy, Primus Power, Eco.logic Brands, EcoScraps, OPx Biotechnologies, Powergenix and, prior to their public offerings, Tesla Motors and Pandora Media.
Originally a regional venture capital group within JPMorgan, DBL Investors spun out as an independent firm in January 2008. Ms. Pfund joined JPMorgan (then Hambrecht & Quist) in 1984 first as a securities analyst and then as a Venture Capital Partner and Managing Director. Ms. Pfund also built and directed H&Q’s external affairs and philanthropic programs from 1996 to 2001. Previously, from 1977-1984, Ms. Pfund worked at Intel Corporation, the State of California Department of Health Services and the California Governor's Office of Appropriate Technology, Stanford University School of Medicine, and the Sierra Club.
In 1988, President Bush appointed Ms. Pfund as a charter member of the National Advisory Council for Environmental Policy and Technology. In 1999, Ms. Pfund was appointed by President Clinton to serve on the Congressional Web-Based Education Commission. Ms. Pfund is a member of the Advisory Board of the UC Davis Center for Energy Efficiency; the Advisory Council of the Bill Lane Center for the American West at Stanford University; the California STEM Learning Network (CSLNet) board of directors; a C3E Ambassador to the U.S. Clean Energy Education and Empowerment Program, led by the U.S. Department of Energy in partnership with the MIT Energy Initiative; and is a founding officer and director of ABC2, a foundation aimed at accelerating a cure for brain cancer.
Ms. Pfund is the author, along with Benjamin Healey of the widely cited report on the history of U.S. energy subsidies entitled, “What Would Jefferson Do? The Historical Role of Federal Subsidies in Shaping America’s Energy Subsidies” and co-authored with Michael Lazar, “Red, White & Green: The True Colors of America’s Clean Tech Jobs”.
Ms. Pfund received her BA and MA in anthropology from Stanford University, and her MBA from the Yale School of Management.