Gryphon Investors closes mezzanine debt fund on $100m hardcap after ‘enthusiastic’ support from investors

Mid-market PE firm Gryphon Investors has closed its latest vehicle at its hardcap of $100m. The oversubscribed fund surpassed its target with commitments from return LPs, and will now undertake a strategy different from previous vehicles. Gryphon will target minority stakes in firms that were bought up by its last two vehicles, Fund 3.5 and …