As an update to our Path to Private Equity, we are excited to partner with Anacapa Partners. We invite 1st year AND 2nd year MBAs interested in Private Equity to join a virtual session on November 18th.
Anacapa Partners is a leading private equity firm focused exclusively on investing in businesses that are acquired through the search fund model.
Search funds are a compelling entrepreneurial pursuit. For the talented, driven, MBA, a search fund provides a direct path to ownership and becoming the CEO of a lower middle market business.
See the summary below followed by action items.
A. Who is Anacapa Partners: Anacapa Partners works with talented entrepreneurs to search for, acquire and scale middle market companies. Over the past nine years, Anacapa has invested in 150 individuals/partnerships looking to acquire a company and has made over 50 investments in operating companies acquired through the search fund approach. Anacapa partners with entrepreneurs identified through two channels – top tier MBA programs and special operations forces in the United States military.
B. What does an Internship Look Like: Over the course of 8-10 weeks, a Summer Associate will work with the Anacapa investment team, helping their search funds evaluate deals, perform due diligence, review financial models, and other related tasks, in addition to helping develop additional tools to facilitate successful search processes. The internship is designed to provide a potential search fund entrepreneur or investor with a “behind-the-scenes” look into the search fund space, including access to the investor community, understanding of deal structures, and an insight into how investors evaluate search deals and work with search entrepreneurs.
C. Where are they based: Internship and Full Time opportunities are most likely to be located in San Mateo, CA or remote due to the current environment.
Review the following details and take action.
1. Join JumpStart Path to Private Equity MBA Internship: Join Founding Partner and Managing Partner, Jeff Stevens and Principal, Greg Matthews for an interactive discussion. Their brief bio can be referenced below. Jeff and Greg will highlight the following three things during the virtual event:
- An overview of Private Equity and Search Funds
- How Anacapa supports partners through every phase of their journey
- Key considerations and preparations for embarking on this career path
When: Wednesday, November 18, 5:30 PM Eastern Time
2. 1-1s: Anacapa will screen and possibly conduct virtual 1-1s during their recruiting process after the JumpStart event which could lead to an invitation to interview. To be considered, complete the 3-minute survey. You do NOT need to do anything besides complete the survey now.
Anacapa Interest Survey:
Co-Founder and CEO
JumpStart Advisory Group
Jeff Stevens – Managing Partner, Anacapa Partners
Jeff Stevens is the Founding Partner at Anacapa Partners, a fund whose strategic focus is to invest in operating companies that have been identified by principals operating within the search fund business model. Over the past ten years Anacapa has invested in 140 individuals/partnerships looking to acquire a nano-cap company, and has made 50 investments in operating companies acquired through the search fund approach. Anacapa partners with entrepreneurs identified through two channels – top tier MBA programs and special operations forces in the United States military.
Jeff has 30 years of experience structuring, operating and investing in search fund companies. He has managed three funded searches during the period from 1990-2005, each one culminating in the acquisition of a lower middle market company. Prior to beginning his entrepreneurial path, Jeff was an Associate Consultant at Bain & Company. He received his Bachelor of Arts and MBA from Stanford University, and remains actively involved in the Stanford community. He is also a member of the DAPER Investment Fund for the Stanford Athletic Department and has served on the Board of Directors of 10 search fund acquired businesses.
Greg Matthews – Principal, Anacapa Partners
Greg has worked with growing companies across a variety of industries on M&A, raising and allocating capital, and business development focused on strategy and growth initiatives. Prior to investing at Anacapa, Greg raised and managed a search fund that focused on opportunities within the financial services industry. Before pursuing search, Greg was part of the early team that scaled an institutional broker-dealer and investment bank in New York City. He started his career at Merrill Lynch in the firm’s fixed income sales and trading business.
Greg earned his MBA from the Kellogg School of Management at Northwestern University and he holds a Bachelor of Science from Lehigh University. He is also a CFA Charterholder. Greg is a member of the Ambassadors Council for New Door Ventures, an organization that provides jobs, skills training and educational assistance to Bay Area youth disconnected from education and employment.