What We Look for When Backing Search Funds

As investors, we continue to see search funds as a powerful path to value creation—when paired with the right searcher. Here are the traits we prioritize: -Resilience and coachability: Searchers who can handle uncertainty and actively leverage their investor group. -Clear, focused strategy: Whether generalist or sector-focused, clarity of approach matters more than the specific industry. -Strong interpersonal skills: Trust-building with owners is often the key to off-market opportunities. -Deal discipline: Valuation rigor and thoughtful structuring protect long-term value. -Leadership mindset: A vision for culture, people, and operational excellence post-acquisition. We’re not just investing in a model—we’re backing future CEOs. If you’re launching or running a search and these principles resonate, feel free to reach out. Happy to connect with the Searchfunder community.