Gryphon
Gryphon is a US-based fund administration services provider that served investment funds and general partners with fund accounting, investor reporting, tax, and back-office administration. Founded in 2016 and headquartered in Beachwood, Ohio, it was acquired by PE-backed ZEDRA in December 2024.
- Company typePrivate
- Founded2016
- HeadquartersBeachwood, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Gryphon does
Gryphon was a privately-held fund administration services provider focused on the Americas fund space. Founded in 2016 and headquartered in Beachwood, Ohio, the firm served investment funds, general partners, and other investment managers with back-office administration services spanning fund accounting, investor reporting, tax services, transfer agency functions, and related fund operations support. Its service positioning was vertical-specific — addressing the operational and compliance workload of US-domiciled investment funds and the GPs that manage them — rather than competing as a horizontal corporate services generalist.
The firm's core delivery was built around a fund administration technology platform used to produce accounting, reporting, and investor records for its fund clients. No proprietary technology features, patents, AI/ML capabilities, integrations, or public APIs were disclosed in available sources, suggesting the platform is primarily an operations-and-workflow layer supporting traditional fund administration processes rather than a differentiated technology product. The firm operated at small scale, with 11–50 employees, and disclosed no pricing model, customer logos, or revenue figures.
In December 2024, Gryphon was acquired by PE-backed ZEDRA, a global fund and corporate services provider, as part of ZEDRA's strategic build-out of its US fund solutions footprint. Following the transaction, Gryphon's website redirects to ZEDRA and day-to-day operations continued under the same people and service levels, integrating into ZEDRA's broader fund services platform that spans fund accounting, investor and transfer agency, tax, compliance, governance, and SPV administration. As a result, Gryphon no longer operates as an independent commercial entity.
Gryphon firmographics
Firmographics- Name
- Gryphon
- Website
- https://gryphongroup.us
- Company type
- Private
- Founded year
- 2016
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Gryphon is a US-based fund administration services provider that served investment funds and general partners with fund accounting, investor reporting, tax, and back-office administration. Founded in 2016 and headquartered in Beachwood, Ohio, it was acquired by PE-backed ZEDRA in December 2024.
- Ownership category
- akta.pro rank
Gryphon industry classification
Industry- Product category
- Fund Administration Services
- akta.pro primary industry
- Intercompany & Consolidation Support (Eliminations, Group Reporting Support) (BPAAAGAG)
Keywords
Where Gryphon is headquartered
LocationHeadquarters
- HQ city
- Beachwood
- HQ country
- United States
- HQ region
- North America
Markets served
Gryphon business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Gryphon product offering
Product offeringCore offering
Gryphon provides fund administration services to private investment and general partner companies operating in the Americas fund space. Its offerings include fund accounting, administration, investor reporting, and tax services for investment managers and institutional clients. The company was acquired by PE-backed ZEDRA in December 2024 and now operates as part of the ZEDRA group.
Product overview
Gryphon operated as a fund administration services provider, offering fund solutions within the Americas market. The company has since been acquired by ZEDRA and no longer operates as an independent entity. The product portfolio consisted of fund administration services including fund accounting, investor services, and transfer agency functions.
Differentiator
Problem solved
Functional benefit
Products and services
- Gryphon Fund Administration
Companies that use Gryphon
Customer profileSegments1 record
Ideal customer profiles1 record
Gryphon technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Gryphon partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights1 record
Gryphon competitors and assessment
Company assessmentDirect peers
- JTC Group: JTC is a publicly listed fund, corporate, and private client services provider with a strong fund administration franchise serving alternative asset managers. Its diversified services and PE/sponsor client base match Gryphon's profile.
- Gen II Fund Services: Gen II is a sponsor-backed fund administrator focused on private capital funds. Its mid-market concentration on PE, venture, and credit fund accounting makes it a closely comparable direct peer for Gryphon's offering.
- IQ-EQ: IQ-EQ is a PE-backed global fund administrator serving private equity, infrastructure, debt, and real estate managers. Its sponsor ownership profile and customer base align closely with Gryphon's focus on PE funds and GPs.
- Apex Group: Apex is a PE-backed, global fund administration and corporate services provider with a substantial Americas presence. Its scale, sponsor ownership, and integrated services closely mirror ZEDRA's positioning post-Gryphon acquisition.
- Maples Group: Maples provides fund administration and fiduciary services predominantly to alternative asset managers. Its focus on private investment funds and GPs makes its service offering directly comparable to Gryphon's.
- TMF Group: TMF Group is a global fund and corporate services provider combining fund administration, accounting, and investor reporting across multiple jurisdictions — overlapping with ZEDRA's broader strategy post-Gryphon.
Emerging players
- Opus Fund Services: Opus is a mid-market fund administrator serving hedge funds and private equity managers. Its scale and specialization are similar to Gryphon's pre-acquisition position, making it a useful comparable for niche fund admin economics.
Broad incumbents
- Citco Fund Services: Citco is a long-established global fund administrator serving hedge funds, private equity, and real estate. As a larger incumbent with overlapping fund accounting and investor services, it competes with Gryphon for institutional fund mandates.
- MUFG Investor Services: MUFG Investor Services provides fund administration, custody, and related services to alternative asset managers globally. As a large, diversified incumbent, it represents the scale-end of competition that Gryphon and ZEDRA face in the US.
- SS&C Technologies (SS&C GlobeOp): SS&C's GlobeOp unit is one of the largest global fund administration platforms, providing fund accounting, investor services, and reporting across hedge, private equity, and credit funds — directly comparable to Gryphon's offering at much greater scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Gryphon social profiles
Digital presenceGryphon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gryphon leadership team
Management profileNumber of profiles
Gryphon funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gryphon M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gryphon
What does Gryphon do?
Gryphon provides fund administration services to private investment and general partner companies operating in the Americas fund space. Its offerings include fund accounting, administration, investor reporting, and tax services for investment managers and institutional clients. The company was acquired by PE-backed ZEDRA in December 2024 and now operates as part of the ZEDRA group.
Is Gryphon a public or private company?
Gryphon is a private company. It is classified as corporate owned and is currently acquired.
When was Gryphon founded?
Gryphon was founded in 2016. It employs 11 to 50 people.
Where is Gryphon based?
Gryphon is headquartered in Beachwood, United States, in the North America region.
Who are Gryphon's main competitors?
Direct peers on record are JTC Group, Gen II Fund Services, IQ-EQ, Apex Group, Maples Group and TMF Group. Opus Fund Services is listed as an emerging player. Broad incumbents are Citco Fund Services, MUFG Investor Services and SS&C Technologies (SS&C GlobeOp).
Does Gryphon have an API?
No public API is recorded for Gryphon.
What industry is Gryphon in?
Gryphon's product category is Fund Administration Services. Its primary akta.pro industry code is BPAAAGAG, Intercompany & Consolidation Support (Eliminations, Group Reporting Support).