Dartmouth Alumni Launch The Green D Fund to Invest in Dartmouth-Led Ventures  

Bedford, NH, September 15, 2014 — Today the Green D Fund announced the opening of its first fund: The Green D Founders Fund. The Fund backs ventures with ties to Dartmouth and supports promising companies in the growing Dartmouth entrepreneurial community. “The Green D Fund is more than an investment. It’s a chance to pay it forward and foster the entrepreneurial ecosystem at Dartmouth,” said Michael Collins, (’86), Lead Manager of the Green D Fund. “Supporting worthwhile Dartmouth-led ventures at a key stage benefits investors, the companies, and the college.” Deals will be sourced from the entire Dartmouth network, then vetted, selected, and tracked by an experienced Investment Committee of Dartmouth alumni. Additionally, the Fund will support Dartmouth entrepreneurs by connecting them to resources and mentors who can provide access and advice. As Investment Committee member James Gill (’86) noted, “Other schools have established these for-profit funds. A group of us from Dartmouth have been talking about something similar for years. It was time to stop talking and just do it.” Targeting a close of $1 to 2 million, the Green D Fund is limiting its first fund to 40 Dartmouth alumni and will invest in approximately 12-18 promising companies. Serving as the Green D Fund’s advisor, Launch Angels will also provide the fund with compliance, back-office, investor relations and various other support functions. In addition to Collins and Gill, the Investment Committee has already enlisted a number of notable Dartmouth alumni. They include Scott Anthony (’96), Daniel Bryant (’91), Tom Caputo (’96), Branko Cerny (‘13), Paul Davis (’86) Mark Edwards (’98), Chansoo Joung (‘82, ’87), Jason Klein (’82), Rob Kornblum (’91), Wendy Miller (’84), and Ajay Prakash (’03). So far, it’s the win-win-win appeal that is generating the most enthusiasm. As Bryant said, “Beyond serving investors and entrepreneurs, the Green D Fund fulfills a greater purpose. Dartmouth leadership is placing an increased emphasis on building the school’s entrepreneurial network. By cultivating Dartmouth-led businesses, we can help further distinguish Dartmouth as an entrepreneurial leader.” About the Green D Fund, LLLP The Green D Fund (www.thegreendfund.com) gives Dartmouth alums the chance to invest in Dartmouth-led ventures. We are independent and return driven, but are also pleased to support the Dartmouth entrepreneurial community. Deals are sourced from the entire Dartmouth network, then vetted, selected, and tracked by our experienced Investment Committee. The Green D Fund is an independent, for-profi­t company. It is not affiliated with nor officially sanctioned by Dartmouth College. Launch Angels Management Company, LLC (LAMC), is an advisor to the Green D Fund, LLLP. For more information and to inquire about levels of support, contact MikeC@TheGreenDFund.com. Investment Risks Investors should consult with their financial and tax advisors before considering an investment. Early stage companies are risky investments, not suitable for all investors—even accredited ones. About Launch Angels Launch Angels custom tailors Affinity Venture Funds to your group’s unique structure, investment goals, desired engagement level, and investment process. We work with you to define fund size, budget for each investment, and deal criteria, then handle all management, reporting, filing, and tracking.  For more information, please contact info@launch-angels.com.

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Launch Angels Nicole Canulla Nicolec@launch-angels.com 617.645.6160

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  1. […] alumni-focused venture fund, announced today that it has closed the first $1 million of its initial Green D Founders Fund. The alumni venture-focused fund is being advised by Boston-based Launch Angels, and is one of its […]

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