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DBL Acquisition
DBL Acquisition is the family office investment platform of David B.
DBL Acquisition
DBL Acquisition is the family office investment platform of David B. Low, established after his departure from Goldman Sachs, where he served as a partner and global head of the private equity business. The wealth originates from his career in financial services, specifically from two decades at Goldman, including leadership roles in principal investing and merchant banking. The firm operates as a single-family office, exclusively managing Low's personal capital with a mandate centered on technology-enabled growth companies. The firm targets minority and minority-control positions in growth-stage companies, typically leading or co-leading rounds between $15 million and $75 million. Asset-class exposure concentrates on private equity with an emphasis on enterprise software, financial technology, digital health, and applied artificial intelligence. DBL deploys capital through direct equity investments, occasionally structuring deals as special purpose vehicles when co-investing with institutional partners. Geographic coverage is primarily North America, with selective exposure in Western Europe. Known portfolio companies have included names in the enterprise SaaS and fintech infrastructure space, though specific positions are not publicly listed. DBL Acquisition runs a lean structure consistent with a concentrated single-family office, with no disclosed professional headcount beyond Low and a small deal team. The firm is headquartered in New York, with no additional offices confirmed. Adjacent vehicles and philanthropic structures tied to the Low family are not publicly detailed. May 2024: David Low was named among a group of former Goldman partners actively deploying personal capital into venture-stage companies, signaling ongoing activity (per Bloomberg, 2024). The structural differentiator is the operator-to-investor density: Low deploys capital from a single balance sheet but structures deals with institutional co-investors, a posture that combines the speed of a family office with the rigor and syndication reach of a private equity firm. This hybrid model allows DBL to bypass the committee-driven timelines that slow multi-manager platforms while still accessing deal flow typically reserved for larger funds.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
David B. Low
Principal
Sector focus
Frequently asked questions
Who runs investment decisions at DBL Acquisition?
David B. Low is the principal and sole decision-maker. He formerly served as a partner at Goldman Sachs and held the role of global head of private equity. The firm operates as his personal investment vehicle, and all capital deployment decisions rest with him.
How does DBL Acquisition source deal flow?
Low's sourcing advantage stems from a multi-decade network built at Goldman Sachs' merchant banking and private equity divisions. The firm accesses deals through relationships with venture capital firms, growth equity managers, and former Goldman colleagues who now run their own family offices or investment platforms. This network generates proprietary exposure to founder-led technology companies.
Is DBL Acquisition structured as a single family office or does it operate more like a venture firm?
DBL Acquisition is a single-family office deploying David Low's personal capital. Structurally, however, it behaves like a hybrid: Low co-invests with institutional limited partners on specific deals, which means his vehicles sometimes resemble a deal-by-deal fund model rather than a closed single-family balance sheet. This approach blends the autonomy of a family office with the underwriting standards of institutional private equity.
Does DBL Acquisition participate in fund commitments or only direct deals?
The firm focuses on direct equity investments and co-investments rather than fund commitments. Low structures each transaction on a deal-by-deal basis, which provides flexibility in sizing and governance. There is no publicly available evidence of the firm making LP commitments to third-party funds.
What investment stages does DBL Acquisition typically target?
DBL Acquisition targets growth-stage companies, typically at the Series B through pre-IPO phases. Low writes equity checks in the range of $15 million to $75 million, focusing on businesses with demonstrated product-market fit, revenue traction, and paths to near-term profitability. The firm does not pursue seed or early-stage venture rounds.
Where does the underlying wealth come from?
The wealth deployed by DBL Acquisition originates from David Low's career at Goldman Sachs, where he was a partner and ultimately global head of private equity. His compensation over two decades — including carry, bonuses, and equity awards — forms the capital base of the family office.
Which sectors does DBL Acquisition explicitly avoid?
The firm has not publicly stated explicit sector exclusions, but observable investment activity concentrates on enterprise software, fintech, digital health, and applied AI. Sectors with heavy regulatory risk, long clinical timelines, or capital-intensive hardware requirements — such as traditional biotech, heavy manufacturing, and fossil fuel infrastructure — do not appear in its known deal pattern.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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