The Jordan Co. Secures $3.6B For Second Fund

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.


In Depth

Direct Lending: What’s Different Now?

Mar 14 2017 | 8:43pm ET

Senior direct lending funds have become riskier over the past four years, with leverage...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of