Orbit advises Lineage Partners on pioneering Fund of Searcher/Search Fund structure.

Lineage has launched Germany’s first institutional Fund of Searchers/Search Funds, with a successful first closing already completed in 2024 and the oversubscribed final close expected in the coming weeks.

The fund supports entrepreneurial individuals (Searchers) across Europe in identifying and taking on leadership of established SMBs through structured succession solutions.

As a specialist in Entrepreneurship through Acquisition (EtA), Lineage focuses on small, sustainable, and profitable businesses that can benefit from the drive and energy of a new entrepreneurial management team to unlock untapped value. Lineage supports every step of the process, from searching and acquiring to operating, with a technology-first approach.

The vehicle is the first of its kind in Germany, dedicated exclusively to investing in search funds and EtA-type opportunities through a professionally managed fund structure.

Orbit’s GP team advised on the full legal, tax, and regulatory structuring of the fund, including fund documentation, investment terms, tax structuring, and BaFin-related matters.

Team

Dr. Simon Schachinger (Partner, Fund Structuring), Marven Unewisse (Senior Fund Associate, Fundraising and Compliance), Louise Hertz (Fund Associate, Regulatory), and Laurin Kühn (Fund Associate, Tax)

‍

About Lineage

LINEAGE Partners is a Munich-based investment firm supporting the next generation of entrepreneurs through the search fund model. Founded in 2024, the firm combines capital, expertise, and a strong network to help ambitious leaders acquire and grow established businesses. Visit the website for more information: Lineage Partners

About Orbit

Orbit offers client-centered legal advice in all areas of fund law and investments in alternative assets. Fund managers and investors rely on Orbit and its team of experienced fund advisors. Orbit covers structuring, regulatory, tax, investment advice, compliance, and fund due diligence as well as secondary transactions.

Orbit | All. About. Funds.

‍