Our Fund

Search Fund Ventures I provides accredited investors access to professionally managed small business acquisitions with a focus on enduringly profitable companies.

Our Investment Themes

Margin of Safety

3.9x avg. purchase multiple — 15% below market — with credit metrics 24% less risky.

Asymmetric Bet

Search funds have averaged ~30% IRR (Stanford) with conservative deal structures.

Staying Power

Essential services, 10+ years of operating history, resilience across economic cycles.

Incentive Alignment

Economics aligned between buyer and investors with robust governance.

Investment Highlights

  • Target 20-25% IRR: Risk-adjusted returns through systematic value creation
  • Uncorrelated Returns: Limited correlation to public markets and traditional asset classes
  • Downside Protection: Focus on profitable, cash-flowing businesses with defensive characteristics
  • Professional Management: Institutional expertise with $11B+ transaction experience

Investor Eligibility

Search Fund Ventures I is available to accredited investors, qualified institutional buyers, and family offices meeting SEC requirements.

Verify Accredited Status →

Interested in Learning More?

Schedule a confidential conversation to discuss fund details, terms, and how SFV can fit within your portfolio.

Schedule a Call

Fund Performance

Details on our Fund I portfolio coming soon. Contact us for details on number of portfolio companies and Fund I performance.

Fund II details will be available as we begin our next fundraise.

Let's Start a Conversation

A conversation with us could be the start of something great.

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Investment in private equity involves significant risk, including possible loss of principal. Past performance is not indicative of future results. All investment opportunities are subject to investor qualification and approval. Search Fund Ventures, LLC is a private equity firm focused on acquiring enduringly profitable small businesses through the Entrepreneurship Through Acquisition (ETA) model.

This website does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer or solicitation will be made only through definitive offering documents. All information is provided for informational purposes only and should not be considered investment, legal, or tax advice. Consult with your professional advisors before making any investment decision.

All investments are offered to accredited investors only as defined by SEC regulations. You must meet income and/or net worth requirements to participate.

Forward-looking statements regarding target returns, IRRs, and investment outcomes are based on various assumptions and are subject to significant business, economic, and competitive uncertainties. Actual results may vary materially. Neither Search Fund Ventures nor SMB Investor Network guarantees any specific returns.

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