Buyout executives and placement agents had a generally negative sentiment about the 2011 market, and their perspective on what 2012 has to offer isn’t positive, either. In a recent Buyouts
article, senior editor Greg Roth notes that the supply of funds is overwhelming demand, and increasing competition is a recurring worry for many private equity firms.Bill Barnum
, partner at Brentwood Associates, was interviewed for the article. “The general fundraising environment is warming, but it’s not hot. 2012 will be mildly better than 2011, but there are a lot of new funds out there,” said Barnum. Regardless of the increased competition, however, firms raised 31 percent more in 2011 than they did in 2010.