Brook Venture funds
Brook Fund I
Brook Venture Fund (”Brook I”) has invested in a total of 18 companies since its formation in 1998. Brook I outperformed the same vintage year funds through the difficult 1998-2002 period. From July of 1998 through the most recent quarter, the IRR for funds managed by Brook, including Brook Venture Fund and co-investment LPs places Brook I in the top quartile of same vintage year funds. Brook I is fully invested and is in the process of selling its portfolio companies in an orderly manner.
Brook Fund II
Brook II is an SBIC fund licensed by the US Small Business Administration. Brook Fund II is a $100 million fund and has invested in 16 companies as of January 2010. Brook Fund II’s investors include institutional as well as accredited individual investors. Brook II investments are typically $5-$10 million per company.
Brook Co-Investment Funds
Brook Venture partners also manages a group of special purpose Limited Partnerships through which we make specific investments in operating companies which do not meet the criteria for our fund, but are judged to be excellent investment opportunities. These investments are typically made in expansion stage companies much like those of the funds, however in the case of the co-investment limited partnerships we are industry agnostic and open to many investment structures including but not limited to traditional venture investments, bridge investments, acquisition funding, and leveraged buyouts.