Listen "Navigating Search Funds: Victor Charts the Course for Localizing Global Models in China"
Episode Synopsis
Tune into the "Sense and Sensibility" Search Fund Special, where host Constance engages in a practical dialogue with Victor—a pioneer searcher in China. Endowed with academic backgrounds from Canada’s University of Waterloo and CEIBS (China Europe International Business School), and fortified by years of seasoned expertise in private equity (PE) and mergers & acquisitions, Victor reveals the core impetus behind his transition from PE to search funds: a profound passion for hands-on business operations, as opposed to the repetitive rigor of financial analysis, which ultimately guided him to forge an entrepreneurial trajectory tailored to the Chinese market.In the episode, Victor unpacks his journey of exploration fraught with uncertainties: from overseeing a PE portfolio company to amass pivotal operational experience, to encountering the search fund model through a classmate’s inspiration, and later validating the model’s viability in China by gleaning insights from diverse sources. He also addresses quintessential challenges in local practice, such as the screening of small and medium-sized enterprise (SME) targets and the management of cross-market risks.For fellow practitioners in the search fund space, Victor offers pragmatic, China-centric advice: how to select target industries with lower inherent risks, strategies to mitigate potential pitfalls in transactions, and approaches for first-time entrants to secure stable investment targets.Whether you are a search fund professional, a cross-industry entrepreneur, or an observer curious about how global investment frameworks take root in China, this episode delivers valuable insights. Victor’s experience underscores that success in China’s search fund sector demands not only a command of international logic but also mastery of localization—with every well-calibrated choice aligned to the local market serving as a stepping stone to success.
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.