Search Fund Ventures Successfully Completes Initial Close for SFV Fund I, Plans Second Close in Early October
Search Fund Ventures (“SFV”), co-founded by Sean Smith and Nick Bryant, is proud to announce the successful initial close of SFV Fund I. This milestone marks the beginning SFV’s journey in the search fund investment space, offering a unique opportunity for investors to support entrepreneurs in the acquisition and growth of small businesses across North America.
SFV Fund I will be deploying capital over the next three years, to build a diversified portfolio of cash-flowing small businesses that operate in attractive industries and are expected to endure volatile economic environments.
The firm plans to go to market for a second close of the fund in early October 2024, offering additional investors the opportunity to join SFV Fund I. This next phase will allow the fund to expand its portfol...