Michael C. Dorsey has a successful 12-year record in Impact Investing, having co-founded the innovative Bay Area Equity Fund (now DBL Investors). He is currently raising the Bay Area Growth Fund, which seeks to recreate the success of the Bay Area Equity Fund. He has also managed two funds for the Westly Group and serves on the Board of Directors of Revolution Foods and Ioxus.
Managing Partner @ From August 2014 to Present (1 year 5 months) San Francisco Bay AreaManaging Partner @ The Bay Area Equity Fund, a $75 million double-bottom line venture capital fund, achieved top decile financial returns and exceeded all goals for social benefit through its pro-active public/private partnerships, policy advocacy and community involvement. The BAEF achieved 24.4% Net IRR and 4.1X Cash on Cash returns to LPs, and generated over 15,000 jobs.
As a Managing Partner, Mike raised and managed the fund, serving on the investment committee from the fund’s inception. The fund invested in Powerlight, acquired by Sunpower (SPWR), Tesla Motors (TSLA), Pandora Media (NYSE-P), Brightsource, Solar City (SCTY) and eMeter (acquired by Siemens Corporation). He continues to serve on the fund’s investment committee. From 2007 to Present (8 years) Managing Partner @ From January 2008 to January 2014 (6 years 1 month) Managing Partner - Bay Area Equity Fund @ From 2002 to 2007 (5 years)
MBA, Management @ Yale University - Yale School of Management From 1979 to 1981 AB, History @ Stanford University From 1973 to 1977 Michael Dorsey is skilled in: Venture Capital, Equities, Cleantech, Start-ups, Corporate Development, Private Equity, Financial Modeling, Strategy, Mergers & Acquisitions, Due Diligence, Corporate Finance, Valuation, Strategic Partnerships, Emerging Markets, Investments, Entrepreneurship, Business Strategy