GreyLion Capital, a private equity firm which focuses on investing in high-growth businesses in the lower middle market, completed the spin out from Perella Weinberg Partners. Financial terms were not disclosed. “Our move to independence represents the natural evolution of our business, which has built a track record for robust value creation in various macroeconomic environments. The entire team at PWP has been very supportive of our strategic decision to become an independent firm. We appreciate their partnership throughout this process and for all their assistance over the years,” Chip Baird, GreyLion Managing Partner.