Twelve Clans, Inc. invests in innovative fund

By Jason Booth

The board of directors of Twelve Clans, Inc., the Ho-Chunk Nation’s section 17 corporation, made an important investment in Search Fund Partners (SFP), a Menlo Park, California-based private equity fund focused on well-managed companies with a history of profit and significant growth potential.  “SPF invests in small, profitable companies with $5 million to $30 million in revenue,” shared Jay Calhoun, Investment Committee chairman for the Twelve Clans, Inc. board.  “They work with entrepreneurs to find, acquire and build successful businesses, which fits perfectly with our goal to find co-investment opportunities with our fund manager partners.”

SFP builds on the proven success of the Search Fund model where entrepreneurs , or “searchers” as they are known, are funded to unearth, acquire and manage a profitable micro-cap company.   “We know the potential of these entrepreneurs to make things happen in the companies they find,” suggested Dave Carver, Co-Founder of SFP.  “We work closely with the searchers to insure effective acquisition strategies and fundamentally sound management practices.”

Examples of companies in which Twelve Clans is invested through SFP include:

FIMC is a leading provider of membership programs to financial services providers focused on underbanked segments. FIMC products include roadside assistance, legal assistance, pharmacy discounts, savings benefits, extended warranties, and numerous other benefits. The company is located in Sarasota, Florida.

Kivuto - the world’s leading publishers and academic institutions trust Kivuto to ensure the successful and secure delivery of digital products to eligible users. From K-12 to higher education, from software to eTexts, Kivuto simplifies schools’ digital transformation.  The company is located in Ottawa, Ontario, Canada.

“SFP is a perfect example of the type of strategic partner that the Nation’s leadership agreed would position Twelve Clans for success,” Calhoun added.  “They bring both healthy returns on our investment and potential co-investment opportunities, the best of both worlds.

Twelve Clans, Inc. was chartered to provide business diversification strategies for the Ho-Chunk Nation.  The company focuses on private market investments in private equity and real estate funds, with an eye toward co-investment opportunities to leverage its advantages as a tribally-owned entity.  For more information about Twelve Clans, Inc. visit the company’s website at: