
SME Ventures answers a common question: how is a search fund actually different from a typical private equity deal?
- Unpacks why a search fund isn’t just “mini private equity”
- Unlike PE firms, which spread capital across a diversified portfolio and bring in outside managers, a search fund backs a single acquisition with the searcher stepping in as CEO
- Covers how deal size and time horizon differ, with searchers typically running the business for a decade or more instead of working toward a fixed exit date