Luisa Beltran

Gryphon Investors Fund IV closes at $1.1 bln

Gryphon Investors said Nov. 21 that its latest fund closed at its hard cap of $1.1 billion. Gryphon Partners IV LP was oversubscribed and exceeded its original target of $600 million. Gryphon, of San Francisco, invests in business services, consumer products and services, healthcare, and industrial growth industries.

Prabhu joins Siris Capital Group

Siris Capital Group LLC said Nov. 21 that Krish Prabhu has joined as executive partner. Prabhu was most recently chief technology officer of AT&T and president of AT&T Labs.

Permal Capital becomes Glouston Capital

Permal Capital Management has changed its name to Glouston Capital Partners as of Nov. 17. Boston-based Glouston will continue to operate as a direct affiliate of Legg Mason.

Woodridge, Colony Capital sells Ritz-Carlton, Kapalua

A joint venture comprised of Ares Management LP, SMW Hospitality LLC and Trinity Investments LLC has acquired The Ritz-Carlton, Kapalua in Maui, Hawaii. Financial terms weren’t announced. Woodridge Capital Partners LLC and Colony Capital Inc were the sellers.

Pamlico Capital Fund IV closes at $910 mln

Pamlico Capital said Nov. 21 that its latest fund closed at its hard of $910 million in total commitments. Pamlico Capital IV raised its capital in only four months, was oversubscribed and significantly exceeded the original $750 million target. Pamlico targets lower middle market growth companies in North American sectors such as Business and Technology Services, Communications and Healthcare sectors.

Brundage-Bone Concrete Pumping buys three U.companies

Brundage-Bone Concrete Pumping Inc, which is backed by Peninsula Pacific, has completed three acquisitions in the United Kingdom. They include: Camfaud Concrete Pumps Ltd, Premier Concrete Pumping Ltd and South Coast Concrete Pumping Ltd. Financial terms weren’t announced. The transactions create a multinational provider of concrete pumping services in the U.K.

Pritzker Group Private Capital closes buy of ProAmpac

Pritzker Group Private Capital said Nov. 21 that it completed its buy of ProAmpac. Wellspring Capital Management was the seller. The deal was signed in October. Cincinnati-based ProAmpac is a flexible packaging company.

H.I.G. is said to seek buyer for Ready Pac

PE newcomer Inkwell Group makes diversity part of its value proposition

CPPIB sells 16% of Antares to Northleaf Capital

Canada Pension Plan Investment Board (CPPIB) said Nov. 16 that it sold a 16 percent stake in Antares Holdings to Northleaf Capital Partners (Northleaf). Financial terms weren’t announced. Antares provided financing for middle market PE deals.