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Dave Carver

David Carver is a co-founder of Search Fund Partners. He and his partner, Rich Kelley, have spent the last four years developing and managing the SFP portfolio. He is on the Board of iNet Interactive, Behavioral Health Group, iVize, WebEquity, and VRI. He was formerly on the board of ProService Hawaii.

David spent thirty years as an executive in the high tech industry, and has extensive experience in all phases of business, including M&A, fund-raising, corporate strategy and operations. He was CEO of HiFive!, an application service provider; CEO of Hipbone Networks, an online collaboration company; EVP and GM at Network Associates; COO of Network General; EIR at Institutional Venture Partners; and an executive at Hewlett-Packard, including ten years in the professional service/software divisions of HP.

Dave has an MBA from Stanford Graduate School of Business and a B.S. in Mathematics from the University of Arkansas. Dave and his wife Julia have two boys, RJ and Sam. He is active in community and non-profit organizations, having founded the Redwood Chapter of National Junior Basketball serving 650 children.





Rich Kelley

Rich Kelley is a co-founder of Search Fund Partners, having started the firm in 2004. He currently serves on the Boards of Directors of San Francisco Legal, HemaSource, Verengo, H&R Accounts, Asset Recovery Corporation and Medical Positioning, Inc.

Rich Kelley has been involved in numerous small businesses and start-up companies as an operator, owner, and investor. His varied experience includes: CFO of Score Learning Centers, CEO of San Jose Giants, General Partner of the Stanford Terrace Inn, developer of houses and subdivisions, owner of office buildings, investor in successful tech start-ups (Coinstar, PLX Technology, Corcept Therapeutics). He has also invested in many limited partnerships, including venture funds, and has been involved as a search fund investor since 1994.

Rich has an MBA from Stanford and a BA from Stanford. Rich and his wife Gina have two children, Riley and Sam. He was recently an elected school board trustee and is active with the Positive Coaching Alliance and Sustainable Conservation as an advisor.





Jim Edmunds

Jim Edmunds recently joined Search Fund Partners, bringing practical search fund and portfolio company management experience to the firm. Jim's search fund, Ephesus Capital, acquired Celebrity Kids Portrait Studios, a leading provider of upscale children's photography in 2005. Jim served as President and CFO of the company. Jim currently serves on the board of Ascentia and Consumeraffairs.com.

Before launching a search fund, Jim was an Associate at McKinsey & Company in Palo Alto. Prior to attending business school, Jim conducted business development for PetSmart.com, managed a successful political campaign in Texas, and worked in Investment Banking and Equity Capital Markets at Bear Stearns.

Jim holds an MBA from the Stanford Graduate School of Business, where he was named a Siebel Scholar, and an A.B. in History from Harvard University. Jim and his wife Christine have a daughter, Emiko.