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.
Harvard Business School professors Richard S. Ruback and Royce Yudkoff make the case for buying and running an existing, profitable small business rather than starting one from scratch — covering who the path suits, how to finance a search, and what to focus on when closing a deal.
Forbes interviews search fund entrepreneur Chris Hendriksen, who grew a small healthcare business past $30 million in revenue before selling it to a private equity firm.
