Top 20 Search Fund Investors (So Far)

👑 Congratulations to the Top 20 Search Fund Investors (So Far) 👑 Search Fund Partners###-###-#### ETA Equity###-###-#### Peterson Partners###-###-#### Red Forest Capital###-###-#### The Nashton Company###-###-#### The Cambria Group###-###-#### TD Investments###-###-#### Futaleufu Partners###-###-#### Marion Equity###-###-#### Relay Investments Liberty Partners###-###-#### TTCER Partners###-###-#### Aspect Investors###-###-#### Housatonic Partners###-###-#### Milk Street Ventures###-###-#### M2O Search###-###-#### Miramar Search Partners- 3.31 Greyhart Capital###-###-#### Endurance Search Partners###-###-#### Vonzeo Capital - Investor in Search Funds###-###-#### As brought up before this survey evaluated search fund investors across six key dimensions: - Leadership - Honesty - Quality of Insights - Searcher Friendliness - Helpfulness - Recommended by Others Highlights: - 140+ participants and growing - Surge in responses from operators and experienced investors, which may explain the score bumps across the board - Rankings remain fairly stable at the top - The bottom 4–5 investors seem to be ones searchers - and perhaps even investors - are actively trying to avoid - The lowest-ranked names correlate closely with what we’re seeing elsewhere: CEO terminations, lawsuits, and board governance concerns Bottom 10% rankings so far (Names Hidden for Now) - 2.29 - 2.38 - 2.41 - 2.42 📢 Surveys will remain open through the end of summer. Final results will be published via the MBA Search Fund Alliance and shared with clubs, schools, searchers, and media as needed. Thank you all for contributing - the more data we collect, the stronger and safer our community becomes.