Has anyone here thought about starting a searchfund?PE
I have been recently reading up on the search fund model, after giving it some thought it looks like an attractive venture.
Basically a search fund is a private equity fund raised with the purpose of funding the acquisition search, once the target is found the original investors have an optional first call on the investment.
Has anyone in this forum has ever thought of starting or has actually started a search fund. What are your thoughts on this?