Will you invest outside of your HLP partnerships?

We are frequently approached by other members of the ETA community, or deal-makers from beyond, with opportunities to invest in “deals.” We prefer to restrict our investments to our partnerships and thereby with entrepreneurs we know very well. While we support the search community as a whole, we will not buy units in search funds, or provide bridge capital to help close under-subscribed acquisitions financed through this model. Likewise, we would not consider investing in other “deals” (self-funded, independent sponsor, etc.) on an opportunistic basis.