VIA IESE BUSINESS SCHOOL —
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Search fund activity outside the United States and Canada has increased steadily. More search funds have been raised in recent years than in the past, with 2017 reaching a peak level of fund activity with 21 new international search funds raised. There were also five new acquisitions in 2017.
“As of year-end 2017, 40 search funds were either searching for an acquisition or fundraising for a planned acquisition. Of the 43 others, 30 had acquired a company, five had ended their search without an acquisition and eight had deviated from the search fund model.”
International Search Funds – 2018, Selected Observations, IESE Business School-University of Navarra | EIC, September 2018, page 4.