The Jordan Company raised over $1.3 billion for it’s the Resolute II Continuation Fund, the first continuation fund to be established by the New York-based private equity firm.
The fund is purchased the portfolio companies from The Resolute Fund II, a 2007 vintage fund with roughly $3.6 billion in capital. According to officials the continuation fund allows for “additional time and capital to support the continued growth of key portfolio assets.” For investors it provides an attractive liquidity opportunity to solidify their returns, officials added.
The transaction was led by Hamilton . . .
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