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Iris Dorbian

Bank of America
In Second Opinion, Bank of America stock surges after its earnings beat expectations, Trump questions U.S. intelligence on the 2016 election at his summit with Trump and Uber faces a federal investigation over alleged gender discrimination.
New York-based BelHealth Investment Partners LLC, a healthcare-focused private equity firm, has formed NavaDerm Partners in partnership with Dermatology and Surgery Associates, Millburn Laser Center, Sharon Scherl Dermatology and Spring Street Dermatology. No financial terms were disclosed. The Northeast-based NavaDerm is a regional dermatology platform.
Royal Power Solutions, which is backed by Industrial Growth Partners, has acquired East Dundee, Illinois-based Horizon Die Company, a metal stamping service. No financial terms were disclosed.
Eurazeo PME has agreed to sell its stake in the Odealim Group, a French insurance brokerage firm for real estate professionals, to TA Associates. No financial terms were disclosed.
Eurazeo has invested $60 million in Pat McGrath Labs, a makeup brand. The capital infusion will be used to help Pat McGrath Labs expand its distribution in the U.S.
Acorn Growth Companies has acquired San Marcos, Texas-based Berry Aviation Inc, a private aviation company. No financial terms were disclosed.
The Beekman Group LLC, a New York City-based lower-middle market private equity firm, has closed its fourth fund at a hard cap of $425 million, beating its $375 million target. The limited partners of Beekman Investment Partners IV include family offices, endowments and foundations, consultants, insurance companies, fund of funds and high-net worth individual. The private fund group of Credit Suisse Securities (USA) LLC was the placement agent.
Northlane Capital Partners has made an investment in Chicago and Hunt Valley, Maryland-based Firma Clinical Research, a contract research organization providing services to the biopharmaceutical industry. No financial terms were disclosed.
Northern Trust has launched North American Alternative Fund Services. The new group provides fund administration, accounting and data solutions for hedge funds, private equity managers and managed account platforms. Peter Sanchez will lead the new group.
Aurora Capital Partners has acquired Houston-based Inhance, a provider of -mold fluorination solutions. No financial terms were disclosed.
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