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We have studied, pioneered, invested in, successfully executed & generated outstanding returns with the Search Fund model

We actively invest in the Entrepreneurship through Acquisition model mutinationally, including traditional search funds and other EtA modalities

Image by Keisuke Higashio

Paying it Forward 

Paltus Capital was founded by two former search fund entrepreneurs, Ramiro Alfaro and Juan de Dios Aguilar, who pioneered the search fund model in Central America. After living the full cycle of the model, we are true believers that a fundamental component of the ETA model’s success comes from the tight-knit community that surrounds and supports it. As participants of this ecosystem for almost a decade, and having benefited tremendously from it, we seek to continue paying it forward through the Paltus Capital platform, as investors with “skin in the game”.


We joined the ETA world at a time when it was still not “an asset class for your portfolio”, but a collegiate, high-touch community with a great spirit of collaboration and mentorship – one for all and all for one. In that spirit, we strive to resemble the best of the investors that we admired during our journey, and, with a “searcher-first” investment philosophy, we look forward to contributing to the success of the entrepreneurs we get the honor to partner with and further propagate the ETA model into the future.

Business Meeting

Why us?

We've been in your

shoes before

As ex-searchers we fully appreciate the subtleties and the challenges of executing the model

Personalized approach, with institutional scale

We live in the intersection of an institutional and a "family & friends" investor

Quality over quantity

We are deliberate where we focus our efforts, avoiding the "spray and pray" approach

Search is what we do all day, every day

We are also direct investors and operators, living what searchers live everyday

Entrepreneurs we've partnered with

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Acquired:

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Acquired:

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Acquired:

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Acquired:

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Acquired:

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Acquired:

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Acquired:

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Acquired:

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Acquired:

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Acquired:

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If you are an aspiring or a current Searcher please reach out, we'd love to meet you!

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