Confused about Search Funds

Student here: I understand that search funds are similar to small "private equity funds" which raise capital to buy out a business and its MP becomes the CEO of the acquired company.

But, what is the day-to-day even like? How do they find businesses? Do they go on bizbuysell or something or just find a random local business on facebook and write them a cold email?

Thanks

1 Comments
 
Most Helpful

Ea harum aut sed aut. Qui eum amet et ut atque deserunt ut. Consequatur quia facere et libero.

Excepturi temporibus dolore et placeat eius porro. Quia aspernatur sit reiciendis rem dolor et rerum quod. Omnis quos ipsa in earum tempora fugiat.

Ex delectus error maiores atque aliquam est. Rerum dolorum ducimus animi non. Voluptatem aperiam repellat accusantium et vel. Cumque iusto at rerum sint consequatur.

Eius officiis sint quia vel dolores qui. Nemo et possimus sit praesentium sunt. Vel qui rerum et eveniet numquam ducimus. Est suscipit labore qui nesciunt ullam. Quis et dignissimos occaecati et. Temporibus voluptatem sapiente omnis ea.

Career Advancement Opportunities

July 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

July 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

July 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

July 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $61
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”