Search Fund · Argentina
We acquire and lead a single company, preserving the legacy, culture, and leadership built by its founders while ensuring sustainable growth for the next generation.
At Netherwood Capital, our goal is to acquire and lead a single company, preserving the legacy, culture, and leadership built by its founders while bringing new energy and resources to ensure sustainable growth for the next generation.
We value long-term relationships, operational excellence, and genuine alignment with the people who made the company what it is.
Search Funds originated at Harvard University in 1984, were popularized at Stanford University, and have been adopted by top business schools around the world.
A Search Fund is an entrepreneurial path undertaken by one professional — the "searcher" — who forms an investment vehicle with a small group of aligned investors to search for, acquire, and lead a privately held company for the long term.
Netherwood Capital is a traditional search fund committed to investing in a company in Argentina, emphasizing operational excellence and genuine value creation.
01
We honor the vision of founders and teams who built enduring companies. Our goal is not to replace their legacy, but to extend it.
02
We see the acquisition as the beginning of a long-term collaboration, prioritizing alignment, transparency, and trust with all stakeholders.
03
Combining local perspective with global experience, we aim to create value that endures beyond market cycles and leadership transitions.
Ivan Garbarino
Managing Partner
Mr. Garbarino has over 12 years of experience driving value creation across Latin America and Europe. He began his career with Booz & Company, then worked in private equity at KKR and TA Associates in London. He later served as Global Head of B2B Operations at Rappi. He holds a degree in Engineering from Universidad Nacional de Rosario and an MBA from London Business School.
Local Investors
Senior Investment Partners
Netherwood Capital is backed by a distinguished group of local investors with deep expertise in private equity, venture capital, and corporate leadership. Recognized figures in Argentine business, they bring strategic guidance, networks, and operational insight.
International Investors
Global Institutional & Strategic Investors
Netherwood Capital is supported by leading international investors and institutions with deep experience in search funds, private equity, and value creation. They bring a global network and best practices from the world's most active search fund ecosystems.
La Nación · September 2026
What are search funds, the private equity funds looking to buy SMEs
"Currently the only search fund with committed capital from institutional investors specialized in search funds globally."
Read article →IAE Business School · September 2026
Search Funds in Argentina
Ivan Garbarino discusses the search fund model and its opportunity in Argentina at IAE Business School.
Watch video →Search Funds News · May 2025
Ivan Garbarino, Founder at Netherwood Capital
Interview on launching Argentina's search fund: raising from 19 investors across 9 countries, closing 18% oversubscribed, and the opportunity in Argentine SMEs.
Read interview →Phone
+54 11 5192-5500Address
Av. del Libertador 101, 10th Floor