Search Fund Partners
Capital & InvestorsThe first private equity fund dedicated to search funds, founded in 2004: invests in traditional searches and the acquisitions they produce (typically $5M to $30M revenue companies), with partners who are largely former searchers and CEOs; third-party trackers count roughly 200 investments with dozens of exits.
- Pricing
- Custom pricing, Investment terms, not fees: traditional search-fund economics apply (search capital, step-up rights, acquisition equity, searcher vesting), negotiated per the model's conventions. The Stanford primer in this directory explains the standard structure.
- Best For
- Traditional searchers assembling a cap table who want the longest-tenured dedicated investor in the room and partners who have sat in the searcher's chair
- Roadmap Stages
- 2. Choose Your Path3. Set Up & Fund the Search
Pros
- The category's original dedicated fund, with two decades of pattern recognition
- Partners are predominantly former searchers and operating CEOs
- A deep portfolio history that third-party trackers document independently
Cons
- Traditional search economics mean meaningful equity and governance go to the investor group; understand the standard structure before any conversation
- Selective by design; a strong personal and deal thesis is table stakes
- Terms and process details are not published, which is the norm for the category
What Searchers Say
Consistently named among the anchor investors in search-fund roundups and community discussion, with a reputation built on longevity and mentorship. As with all search investors, individual searcher experiences track the specific partner relationship.