Saturday, 4 July 2015
Last updated 11 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…