Bill Barnum, a partner of Brentwood Associates, talks of the firm selling three portfolio companies in the month of June, according to an article in Private Equity International. Even in this tough economy, Brentwood Associates has maintained a high performance over recent months and expects to have made at least two new investments before the end of the year.
“The economy is not doing great, but it seems to be stable and growing slowly,” Barnum says in the article. “So performance across many portfolios — not just ours — is good.”