Likelihood of Search Fund Success
I am AN1 in DIG who is interested in launching a search fund. Goal is to go into MM PE to SF. Is this possible in Canada?
I am AN1 in DIG who is interested in launching a search fund. Goal is to go into MM PE to SF. Is this possible in Canada?
| +89 | Nothing to do at work & bored to hell | 9 | 14h |
| +67 | Do people over-index on 'moats' | 22 | 6h |
| +52 | Predicted Net Worth in Trodden Finance Path by 60? | 20 | 14h |
| +44 | Biggest (avoidable) failures in PE Investments? | 25 | 8h |
| +38 | Why is ROIC never really a topic when looking at companies IRL | 11 | 4d |
| +22 | What do you think of PE Value Creation Careers in 2026? | 5 | 2h |
| +19 | Senior IR Lifestyle | 3 | 5d |
| +12 | NY LMM PE Recruiting | 3 | 1d |
| +12 | Honest opinions needed about lateraling | 4 | 2d |
| +12 | How to approach Buyside Recruiting | 3 | 5d |
Career Resources
There are a trillion search funds in Canada. They are a dime a dozen (Source: Had to cold email a thousand of them a while back for internship). Perhaps look into many of the FoFs, such as Search Fund Partners (I used their list for leads). Also consider the fact almost all the searchers I saw were post MBA, so might be difficult as a preMBA associate. Grain of salt for everything I've said of course, am student.
Good to note thank you. I have no plans for an MBA, and was hoping the private equity exposure would be sufficient. An alternative route, and I’d love to hear your thoughts, is to try post-PE entrepreneurship to gain operational experience, and depending on the result, continue pursuing it. The difficulty with this of course being that 1) this is the practically the same as a SF so to speak but being the founder (arguably harder), and 2) MBAs are the best way to develop a network sufficient for fundraising efforts
Honestly I don't think I know enough to really help you in this situation, perhaps consider coffeeing some existing searchers and see where they got their funding. The GSB guide too of course, but you've probably already read it.
Any actually serious and competitve searcher will be ex-PE, just PE exposure won't be enough. To not waste your search years you ideally want as many advantages as possible (strong PE deal experience + operating experience in PE or consulting to convince LMM owners, good brand name MBA to find a co-searcher to lessen the burden or widen LP network and again using MBA brand to help legitimize yourself to LMM owners).
Labore ipsam doloribus sapiente sed. Aut et error aut sint. Et quam veniam molestiae doloribus enim voluptatem velit magnam. Animi consequatur quos aut voluptatem sint recusandae. Molestias eum ea laborum. Ab veritatis sunt aut reprehenderit amet.
Voluptatibus consectetur tenetur et. Unde consequatur at culpa nihil. Corporis harum totam eos iusto mollitia consequuntur cumque. Id reiciendis modi cupiditate quia quo ducimus adipisci et.
Consequatur ipsa et molestiae est. Eaque corporis magnam et placeat.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...