Strategies for Managing and Facilitating the Search Fund Process With Jeff Stevens of Anacapa Partners

Jeff Stevens is the Founder and Managing Partner of Anacapa Partners, a private equity fund with a strategic focus on partnering with principals who operate within the search fund framework and want to invest in companies with highly predictable revenue models. Through the last 12 years, Anacapa Partners has invested in over 200 entrepreneurs in over 80 operating companies.

He has over 30 years of experience forming, structuring, operating, and investing in search fund companies as a multiple-time CEO and investor. Jeff has managed three funded searches from 1990-2005, each one culminating in the acquisition of a lower-middle market company. Jeff has a bachelor's degree in arts and MBA from Stanford University and remains actively involved in the Stanford community through entrepreneurship courses at its Graduate School of Business.

In this episode…

Do you dream of becoming an entrepreneur but don’t think it’s possible? Acquiring, operating, and owning your own business is achievable if you use the search fund model. But where does anyone begin?

According to Jeff Stevens, you don't necessarily have to have experience or money to be an entrepreneur. You can become one through the search fund process — the most direct route to owning and managing a company. The objective of a search fund is to provide a vehicle for young, aspiring entrepreneurs who want to acquire, operate, manage, and grow a company. Along with his team, Jeff shares how they are partnering with promising young entrepreneurs and building thriving companies together.

In this episode of The Game is The Game Podcast, Keith Burns sits down with Jeff Stevens, Founder and Managing Partner of Anacapa Partners, to discuss how to become an entrepreneur through the search fund business model. Jeff talks about his entrepreneurial journey to the search fund space, the value of relationships and communication in the search fund ecosystem, the lessons he's learned from being an operator, and strategies for managing and facilitating the search fund process.