There’s a new investment concept emerging in Australia offering opportunities for talented entrepreneurs wanting to take the helm of a successful business, as well as investors looking to back a person rather than a deal.

Search funds are supported by a well-established community in the United States and Europe yet are largely unheard of within the Australian market.

Australian search fund advocates Ak Sabbagh and Lui Pangiarella believe the model has great potential here due to the large number of successful baby boomer businesses that require both succession in the coming years and/or a new injection of knowledge, enthusiasm, and funds to take them to the next level.

Read the full article here: http://hashtag.net.au/business/39245-search-funds-the-new-investment-concept-for-entrepreneurs-hitting-aussie-shores