This piece breaks down why search funds have quietly become one of private equity's most talked-about niches, from staged capital commitments to strong risk-adjusted returns.
The Wall Street Journal profiles a growing trend of MBA graduates raising search funds to buy and run an existing business instead of founding a startup.
Drawing on interviews with 17 early search fund pioneers, this IESE note breaks down what has actually made the model work, framing the searcher, investor, and company as jockey, trainer, and horse.
