THOUGHTS ON RAISING A FUND DURING COVID-19?

Hi All! I'm new here and have been considering raising a UK based search fund since finishing business school last year. With the current Covid-19 induced market decline, I'm considering this a good time to start looking for resilient businesses in a low multiple environment - is this a fair assumption and does it reflect search fund investor sentiment? And if so, could the SF model under current circumstance be adapted to include distressed yet surviving prospects and not just those experiencing continued growth? With all the Death, Destitution and Divorce sadly happening, there should be an expected increase in motivated sellers and good discounts to pick up by the time recovery starts. Or is it better to wait for this contraction phase to end before raising a new fund?



share: