Venture Capital
WAD Capital: Institutionalizing the European Search Fund
By Jeff Barnes, MBA TL;DR: Belgium-based WAD Capital has reached a €67.5 million first close for its debut fund, with €25 million committed by the European Investment Fund (EIF) and European Investmen
Jeff Barnes, MBA··11 min read
Private Equity
Rollover Equity in Business Acquisitions: What Sellers Keep and Why Buyers Want It
Rollover equity — the practice of a business seller reinvesting a portion of sale proceeds as equity in the post-acquisition company — now appears in 70...
Jeff Barnes, MBA··10 min read
Capital Raising
SBA 7(a) Acquisition Financing Rules 2026: Why Zero-Down Deals No Longer Exist
Under SBA Standard Operating Procedure 50 10 8, effective June 1, 2025 (Whiteford/JDSupra client alert) , every business-acquisition loan backed by the...
Jeff Barnes, MBA··11 min read
Private Equity
Search Fund LP Investing: What the 2026 Stanford Data Says About Returns, Risk, and the Operator Bet
Search fund LP investing delivers headline returns that most private equity funds cannot match on paper. The 2026 Stanford Graduate School of Business Search Fund Study reports a 33.9% aggregate...
Jeff Barnes, MBA··12 min read