# Liberty Search Ventures

A traditional search-fund co-investor.

The dedicated search-fund vehicle of Liberty Partners, a New York private equity firm, investing exclusively in traditional search funds from search through exit. It takes 5 to 10% of a deal's capital commitments ($0.5M to $1.5M per investment) alongside larger institutional backers and serves on the board.

- Category: Capital & Investors
- Pricing model: Custom Pricing
- Where it fits: Learn & Choose Your Path, Set Up & Fund the Search
- Website: https://libertypartnersholdings.com/liberty-search-ventures/
- Last verified: 2026-09-04

## At a Glance

A useful co-investor to know once you have a lead: it fills 5 to 10% of the round and brings board support, but it is not the anchor that assembles your cap table.

## What It Costs

Investment terms, not fees: traditional search-fund economics, typically 5 to 10% of a deal's capital commitments ($0.5M to $1.5M), co-investing alongside lead institutional backers.

## Best For

Traditional searchers assembling a cap table who want an active co-investor and board member alongside a lead fund

## Pros and Cons

- Pro: A dedicated search-fund vehicle inside a broader PE firm, focused only on traditional deals
- Pro: Backs the full arc from search through exit, with board involvement
- Pro: Co-invests alongside the large institutional search funds, so it slots into a syndicate
- Con: A co-investor rather than a lead, so you still need a lead investor in the room
- Con: Publishes no fund size, no count of its own and no returns, and its portfolio page sets company names as images, so 122 entries are countable and almost none are readable
- Con: Terms and process not published, the category norm

## What Searchers Say

Presents as a traditional search-fund co-investor sitting beside the large institutional backers; a newer, quieter name than the anchor funds, with limited independent community signal so far.

## Sources

- https://libertypartnersholdings.com/liberty-search-ventures/

Source: https://searchspheresource.com/resources/liberty-search-ventures