A SEARCH FUND SUCCESS STORY
Former searchers Sandro Mina and Martin Steber co-founded Boston-based Relay Investments in 2013, an investing firm focused on backing talented entrepreneurs and delivering above-market returns to its investors and entrepreneurs.
After graduating from Stanford GSB in 1991, Sandro and Martin launched their own search funds and successfully acquired, operated and exited three companies: ADSI, Camera World, and AccuDocs.
Between 2001 and 2013, Sandro and Martin personally invested in 37 search funds and 44 companies.
RELAY FUND I | FULLY INVESTED
Relay’s Fund I closed in 2015. Through Fund I, Relay invested in 63 search funds and 35 companies.
RELAY FUND II | ACTIVE
Relay’s Fund II closed in 2018. Sandro and Martin added four investment professionals to provide greater support to search fund entrepreneurs and scale the firm’s due diligence capabilities for transactions across the country and the world.
Through Fund II, Relay has invested in 80+ search funds and 30+ companies.