Investor-Backed Operator (CEO Path)
Operator Programs
A curated, educational look at programs and firms that place qualified leaders as CEOs and operators in investor-backed businesses.
Entrepreneurship Through Acquisition (ETA)
This model allows individuals to acquire and operate a business with investor backing. Often referred to as search funds or operator-backed acquisitions, it combines leadership with financial support — so the right person can step into a CEO role without needing to fund the deal entirely on their own.
This section is educational and curated. Listings are not paid placements or endorsements. They are presented to illustrate the range of models available in this space.
Before You Explore
- These are active, full-time roles — not passive investments
- Placement depends on fit, timing, and available opportunities
- Compensation structures vary by firm and deal — equity is typically performance-based
- Long-term commitment is expected — typical holds span 4–10 years
- Research each program thoroughly and speak directly with program participants
Alpine Investors (CIT Program)
Places high-potential leaders as CEOs of small-to-mid-sized businesses backed by private equity.
Search Fund Accelerator
Backs individual operators (searchers) who raise capital, find a business to acquire, and run it as CEO.
Permanent Equity
Acquires and holds founder-owned businesses permanently — and looks for operators aligned with a long-term ownership philosophy.
Relay Investments
Provides capital and support to individual searchers pursuing the search fund model in Canada and beyond.
Pacific Lake Partners
Advises and invests in search fund entrepreneurs pursuing small business acquisition and CEO leadership roles.