Agate Hound Fund is a fund-of-funds focused exclusively on the search fund and entrepreneurship through acquisition (ETA) microcap private equity asset class in North America. Founded by Jon Staenberg, a veteran GP with over 30 years in private equity and venture capital, Agate Hound is described as the world's first access fund for this segment, which has historically returned approximately 35% net annually over 40 years according to Stanford studies. The fund invests in a diversified portfolio of established search fund managers using an index-fund approach, targeting net returns of 20%+ for its LPs. The management team has previously raised and managed three venture funds totaling over $500 million. Agate Hound Fund II is slated to launch in 2026.
Profile auto-generated from public sources — details unverified.