Two of the key early investors in Tesla have a new fund

Gigaom

Two early backers of electric car company Tesla — Nancy Pfund and Ira Ehrenpreis — are teaming up to invest a new fund, for which they’ve been in the process of raising $300 million, according to a SEC filing as well as sources we’ve spoken with. Dan Primack first reported the filing in his newsletter last Thursday.

Pfund joined JPMorgan in the mid-1980s, and later founded DBL Investors, which was a spin-out of JPMorgan’s Bay Area Equity Fund I. DBL stands for “double bottom line,” and the firm has been one of the very few over the past few years that has been really successful when it comes to investing in cleantech companies.

Investor Nancy Pfund getting into her Model S at the Tesla factory on the day of the launch of the Model S. Investor Nancy Pfund getting into her Model S at the Tesla factory on the day of the launch of the Model S. Image courtesy of Gigaom/Katie Fehrenbacher

The fund invested in Tesla (back in 2006), solar installer SolarCity…

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