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44. Search Funds 101: The Best Kept Secret in Private Equity

44. Search Funds 101: The Best Kept Secret in Private Equity

FromThe Wall Street Skinny


44. Search Funds 101: The Best Kept Secret in Private Equity

FromThe Wall Street Skinny

ratings:
Length:
60 minutes
Released:
Jan 20, 2024
Format:
Podcast episode

Description

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 to develop their institutional investment platforms, modern family office practice, and ESG investing strategy.He serves as a subject matter expert in private equity, secondaries, ESG, and portfolio construction.  Nate holds an undergraduate degree from Valparaiso University and an MBA from the Yale School of Management, with a concentration in asset management.To book a 1-on-1 consult with Kristen and Jen, please click here:  http://intro.co/JenniferSaarbach (http://intro.co/JenniferSaarbach)Download Keyficient at  https://www.keyficient.co/and use the code “thewallstreetskinny” for a 10% discount!”Follow us on Instagram and Tik Tok at @thewallstreetskinnyhttps://www.instagram.com/thewallstreetskinny/
Released:
Jan 20, 2024
Format:
Podcast episode

Titles in the series (63)

This podcast is a smart and entertaining peek into the world of investment banking, sales & trading, private equity, hedge funds and more. Hosted by two lifelong friends with a passion for teaching, and over two decades of experience on Wall Street.  Discover the basics, ranging from “what is investment banking?” to “what moves markets?".  Learn about different roles and exit opportunities, and get tips on how to land the job.  Our mission is to make the world of Wall Street accessible to everyone, while keeping things relatable and fun.Whether your goal is to work on Wall Street, or if you have NO idea what any of those things are and just want to learn some basics, this podcast is for you.