44. Search Funds 101: The Best Kept Secret in Private Equity
The Wall Street Skinny
Introduction
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Ever heard of a Private Equity "search fund" aka entrepreneurship through acquisition? Well, we hadn't either... until this episode! Search funds are a relatively little-known but incredibly exciting and highly profitable niche within the private equity investment space.
Our guest, Nate Wasson, co-founder of growth equity firm Hal-Bar Partners, joins us to explain how Search Funds work and explore themes of entrepreneurship through acquisition. We discuss everything ranging the path to a career within one of these funds which is very different from the traditional Private Equity model, the role and mechanics of family offices in the financial ecosystem, values-based investing and so much more.
This episode is a MUST LISTEN for anyone curious about impact investing or anyone who is an experienced operators considering making a career switch. One of our most fascinating and important episodes ever!!
If you are interested in learning more about HalBar partners, please click here: https://halbar.io/
Nate Wasson is the co-founder of HalBar Partners, a growth-equity firm and is the co-founder and principal member of Alvearia, a family office co-investing community.
Nate has over 20 years of expertise advising investors and family offices, as well as their portfolio companies and mid-market businesses. His experience lies at the intersection of institutional family enterprise, investment management, and impact strategy for both national and international investors. Nate spent his early career in investment management, business banking, and as a JPMorgan consultant; he led teams ranging in size from two to 200. Nate later served as a Principal and Managing Director for Bank of Montreal’s US Private Bank, where he was involved in security selection, portfolio construction, marketing, operations, management, and investment product evaluation. After leaving Bank of Montreal, Nate developed the Midwest family office practice for Capital Group; there, he developed investment strategy for pre-institutional family offices focused on both public and private opportunities. He later joined Silicon Valley Bank
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