How to search for broker dealers to help raise a $30M-$50M investment fund?

[Elliot Wagner]

We are operators with a $15M portfolio generating good returns over the past several years. We are looking to raise a $30-$50M investment fund to scale. We have spoken with some syndication/fund formation attorneys and are ready to prepare a PPM. However, we're unsure of how to search for broker dealers that can help raise the funds. Is there a database or a specific Google search I should be using?

We tried searching for "broker dealer mid market" and "broker dealer private placement" and got some hits that look like they could be a good fit, but not very many. Not sure if we're missing some obvious way of searching?

[Chris Seveney]

Quote from @Elliot Wagner:

We are operators with a $15M portfolio generating good returns over the past several years. We are looking to raise a $30-$50M investment fund to scale. We have spoken with some syndication/fund formation attorneys and are ready to prepare a PPM. However, we're unsure of how to search for broker dealers that can help raise the funds. Is there a database or a specific Google search I should be using?

We tried searching for "broker dealer mid market" and "broker dealer private placement" and got some hits that look like they could be a good fit, but not very many. Not sure if we're missing some obvious way of searching?

 We are going through this now and found a broker dealer, but only because my business partner has a personal relationship with one of their team members. There are sites out there like PERE and Fintrx you can sign up for but I believe they cost around $20k. you can also check out alternative investment events but you have to sponsor and those sponsorships cost around $20k per event. Realize the BD space is a huge pay to play market. 

Also you will need a due diligence report from a company like factright or Mick Law. Expect to drop $150k easy to get into the space.