Spanish asset manager Swanlaab Venture Factory and Dutch investment company Scipio Holding Group have teamed up to launch Scipio Swanlaab SF SCR, a fund that will invest in search funds globally.
The fund aims to capitalise on the growing opportunity created by family-owned SMEs that generate millions of dollars in profits each year.
Search funds, which invest in individuals or teams for two years with the aim of acquiring a business that they will later run, have been the best performing asset class over the past 25 years. Annual returns have exceeded 30%.
Scipio has over three years' experience of investing in this innovative asset class.