TJC, formerly known as The Jordan Co., has closed its latest North American middle-market private equity fund, Resolute Fund VI, at $6.9 billion, exceeding its initial $6 billion hard cap, a spokesman said.
The new fund will seek to invest primarily in North American companies across industries that are valued between $100 million to $2 billion.
Its predecessor fund, Resolute Fund V, closed at its $5 billion hard cap in 2021.
Investors in Resolute Fund VI include the $38.3 billion Alaska Retirement Management Board, Juneau; the $38.1 billion Nebraska Investment Council, Lincoln; the $17.4 billion Ohio Police & Fire Pension Fund, Columbus; and the $7.3 billion Houston Police Officers' Pension System.
TJC had $28.9 billion of assets under management as of Sept.30.
