Is it too late to raise from investors for traditional?

May 01, 2024
by a searcher from University of Maryland - Robert H. Smith School of Business in Washington, DC, USA
Hi, I'm currently raising my traditional search fund. I have reached out to some investors and it seems that a decent amount of them have already written their checks for the searchers they can back for the year.
Are there any investors still looking to back? Would love to chat! Thank you!
from INSEAD in Warsaw, Poland
1. "I have already committed all the funds for this year" has anecdotally been mentioned in some of the recent conversations and many searchers are discussing the timing and seasonality (especially in the US)
2. Nevertheless, searchers with very strong profiles still have no issues raising the fund (or even being oversubscribed)
3. List of the funds/individuals investing into search funds these days is long - searchers who open up the aperture and have patience may still have a very good chance of raising, even if not from your initial list of target investors
from Duke University in Chicago, IL, USA