David Searle
Plan Administrator & Manager, Business Office
Get their honest, personalized take on your startup.
Sign in to pitch David →At a glance
- Full Name
- David ("Dave") Searle
- Title
- Manager, Business Office (Battelle Energy Alliance / Idaho National Laboratory); Plan Administrator, Idaho National Laboratory Employee Retirement Plan
- Firm
- Idaho National Laboratory Employee Retirement Plan — administered through Battelle Energy Alliance, LLC, the DOE contractor that operates Idaho National Laboratory
- Firm Type
- Institutional investor / corporate defined-benefit pension plan (a limited partner in private funds). *Note: aggregator databases label him an "Angel Investor," but the available evidence does not support this — see Background.*
- Investment Stage
- Not an early-stage/seed venture investor in practice; the plan he administers commits to established private equity and energy funds as a limited partner.
- Location
- Idaho Falls, Idaho, USA (LinkedIn lists the Shelley, Idaho area)
Background
David Searle is a finance and business-operations professional at Battelle Energy Alliance, LLC, the management-and-operating contractor that runs the U.S. Department of Energy's Idaho National Laboratory (INL). His LinkedIn profile lists him as Manager, Business Office at Battelle Energy Alliance, and multiple institutional-investor databases (Bloomberg, Private Equity International, Preqin, PitchBook) identify him as the Plan Administrator of the Idaho National Laboratory Employee Retirement Plan, the lab's pension fund.
The Idaho National Laboratory Employee Retirement Plan is a defined-benefit corporate pension fund headquartered in Idaho Falls (PO Box 1625, Idaho Falls, ID 83415), established to provide retirement benefits to eligible INL/contractor employees. Its named fiduciary is the Plan Investment Committee (PIC), and the plan invests as an institutional limited partner (LP) across public markets and alternatives, including private equity and energy-focused funds. In his role, Searle functions on the administration and oversight side of that institutional capital rather than as a discretionary deal-maker.
Important accuracy note on the "Angel Investor / Seed Round" stub: This classification appears to be a data-aggregation error. Searle is a pension-plan administrator and corporate business-office manager, not a personal angel investor backing startups. Investor-list databases routinely scrape pension funds (which are LPs in venture and PE funds) and then misattribute "investor" status to the named administrator. No public source found ties David Searle to personal angel checks, a seed-stage thesis, or a startup portfolio of his own.
Investment Thesis & Focus
- No personal, stated angel-investing thesis could be found from any primary source; treat the "seed round / angel" tags from contact databases as unverified/likely incorrect.
- The institutional vehicle he administers (INL Employee Retirement Plan) invests as a limited partner in private equity and energy funds, alongside traditional pension allocations (public equity, fixed income, alternatives).
- Decision-making authority rests with the plan's Plan Investment Committee (a seven-member fiduciary body) and its investment consultants/managers — not with a single individual writing angel checks.
- If approached as an institutional LP, the relevant criteria would be those of a mid-size U.S. corporate pension: established fund managers, diversified mandates, and fiduciary-grade due diligence — not direct seed-stage startup investment.
Notable Investments
- Boyu Capital Fund IV — Asia-focused private equity fund commitment.
- The Seventh Cinven Fund — European buyout / private equity fund commitment.
- Ares Energy Opportunities Fund — energy-focused private capital fund commitment.
- Private Equity International reports the plan holds at least ~19 known fund commitments across private equity and energy/alternatives; full commitment sizes are behind paywalls.
- No verifiable startup/seed-stage investments by David Searle personally were found.
Unlock the full research
Get how to approach them, recent activity, sources, contact links — plus pitch their AI twin for a candid read on your raise.
One-time. Stays unlocked for you.