Monday, 20 April 2015
Last updated 6 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…