The California Endowment has committed $10 million to DBL Investors’ second fund. With this commitment, the amount raised by the U.S. venture capital firm for the DBL Equity Fund totals $150.8 million. The commitment has been made as part of the foundation’s goal to invest 2 percent of total assets in mission-related investments. The foundation, which is the state’s largest private health foundation with assets of more than $3 billion, has invested in the firm as a limited partner.
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