Barings to acquire Gryphon Capital Partners.

Barings, an investment manager, agreed to acquire Gryphon Capital Partners, an asset management firm. Financial terms were not disclosed. “We are excited to have found a partner in Barings and believe there is strong alignment in our respective culture and investment philosophies. Our clients will benefit from Barings global investment capabilities together with the operational and business support from one of the world’s leading asset managers. The transaction is expected to bolster Gryphon’s access to capital and strengthen its ability to deliver its long-term growth strategy," Steven Fleming, Gryphon’s Co-founder and Portfolio Manager.