Guardian Capital Partners has held a $37 million first close for its debut fund, according to Buyouts Magazine. The fund has an $80 million target, and counts MassMutual among its limited partners.
The Wayne, Pa.-based firm plans to make control plays in the lower-middle-market companies. It is led by Scott Evans (formerly of Cerberus), Peter Haabestad (Susquehanna Financial) and Hugh Kenworthy (Brynavon Group). www.guardiancapitalpartners.net