Tuesday, 29 July 2014
Last updated 2 hours ago
Feb 6 2008 | 8:33am ET
The Jordan Company, a New York-based middle-market buyout firm, has closed its second fund with $3.6 billion in capital commitments.
Dubbed the Resolute Fund II, the vehicle has already made four investments between its first and final closings.
Investors in the new fund include, CalSTRS, the New Jersey Investment Board, the Irish National Pensions Reserves Fund, the Illinois State Board of Investment, the New York State Teachers Retirement System and TIAA-CREF. Credit Suisse served as placement agent.
“We have amassed a very strong and internationally diverse group of institutional Limited Partners who understand our value-added investment approach, and appreciate the hands-on operational expertise we employ to enhance the growth of our portfolio companies,” said John Jordan, managing principal.
The Jordan Company was founded in 1982 and currently manages over $5 billion of assets.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…