Hi fellow Search Funders,

I was wondering if there was such a thing as a self-funded search fund set up that could be used to in turn make an equity investment into a bigger acquisition. In essence it might look like the backing of an Independent Sponsor to make the acquisition of a larger company.

Let me attempt to explain by way of example: Let's say there is a company that selling for $60m and the self-funded Search Fund wants to raise $6m in order to own a 10% stake in the company. Is that type of structure possible?