UNC Kenan-Flagler Sustainability Blog

UNC Kenan-Flagler Alums Gaining Traction with IC Merger & SJF Fund III

March 27, 2012 By Joel Thomas
There’s all sorts of good news coming from Durham-based SJF.
UNC Kenan-Flagler alumni are making news in the impact  investing world as leaders of the organization.  Whether it’s David Kirkpatrick (EMBA ’91), Executive Director and co-Founder of SJF Ventures raising a new $75M fund  or Bonny Moellenbrock (MBA ’98), Executive Director overseeing the SJF Institute and it’s new merger partner, Investor’s Circle, these Kenan-Flagler alums leading the way as they connect, inspire and accelerate impact entrepreneurs as they change the world.  For the better.
Wall Street Journal:  “The team at SJF Ventures had to undergo federal background checks, submit fingerprints and provide 20 references each in order to obtain a license from the Small Business Administration for its new nationally focused impact investment fund, SJF Ventures III LP…” Read More
Bloomberg’s Businessweek: For a dozen years, SJF Ventures has backed companies with the dual goals of delivering the hefty returns venture capitalists want and benefiting the environment or low-income communities. The Durham, N.C., venture firm has invested in companies such as eRecyclingCorps, a cell phone recycler that recently got a $35 million follow-on round led by Kleiner Perkins…”  Read More
Washington Post:“A North Carolina venture firm will be the Small Business Administration’s first national partner for the new Impact Investment program that aims to increase investment to clean energy and education start-ups. SJF Ventures, which has offices in New York, San Francisco and Durham, N.C., announced Thursday that it has already raised the bulk of the $75 million the firm plans to funnel into clean-tech, software as a service and food-safety businesses…”  Read More
Durham Herald Sun:“From an initial investment in a wireless device recycling company to a stake in a brand of natural pizza products, SJF Ventures looks to make investments in growing companies that also have a positive impact…’  Read More