Firm: Gryphon Investors
Fund: Gryphon Partners 3.5-A LP
Target: $250 million
Amount Raised: $100 million
Placement Agent: None
Gryphon Investors held a first close on Nov. 20 of $100 million for bridge fund it is raising, a source close the firm told Buyouts.The San Francisco-based firm is seeking to raise a total of $250 million for the fund, Gryphon Partners 3.5-A LP, rather than raising larger fund IV. Firm executives decided on this strategy because they did not want to be distracted ...