Mid-Career Sponsored Search Funds

by a searcher from Rice University - Jesse H. Jones Graduate School of Business

1 year ago

Hi All,

I've been running into some walls trying to raise search capital from institutional investors (1 commitment and countless rejections). Maybe it's because I'm later in my career (7 years out of non-Ivy League B-School - maybe it's just me). But I'd like to also explore the Single Sponsor model as well. 

Does anyone have any suggestions as to which companies/investors offer this type of program?

Thanks in advance.

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7 comments

investor from University of Nebraska - Lincoln

What are the reasons for them saying no? It’s probably pretty clear to them but they are likely not being up front with you: deck/PPM is bad, vision is unclear, your background isn’t a fit, you don’t interview well, you have a personality that turns them off, or you’re talking to the wrong investors (only invest in MBAs), etc. I’m happy to have a call with you and give you direct feedback, PM me. I was told in 2017 to ‘go get an MBA’, traditional investors were stuck in their lane, but there’s been lots of change in the community.

1 year ago | like reply | 0 likes

investor from Massachusetts Institute of Technology - MIT Sloan School of Management

Just came across the post when a few other recent comments came in. Frankly, I prefer backing mid-career searchers: you're more experienced and more likely to have managed different types of teams (ideally blue collar teams for many acquisitions). If you're still on the hunt, shoot me an email at --@----.com and we can chat. I regularly invest in self-funded search deals, about 1x per month ($100-150k check)

1 year ago | like reply | 1 like

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