The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A man looks at an electronic board displaying Japan's Nikkei average (top C) and various countries' stock indices, as passers-by walk past outside a brokerage in Tokyo April 16, 2014.
A man looks at an electronic board displaying Japan's Nikkei average (top C) and various countries' stock indices, as passers-by walk past outside a brokerage in Tokyo April 16, 2014.
(Toru Hanai/REUTERS)

The rise of search funds and a new generation of bosses

A few years ago, they were consultants, or on the middle rungs of private-equity firms or investment banks.

Now one is the president of a chain of salons, one is running an electronic surveillance firm and one is head of a software company. Where is Canada getting these much-needed entrepreneurs? From a growing boom in what are known as search funds.