Sign In  |  Register  |  About Daly City  |  Contact Us

Daly City, CA
September 01, 2020 1:20pm
7-Day Forecast | Traffic
  • Search Hotels in Daly City

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

TJC Closes $6.85 Billion for Resolute Fund VI

Fund was oversubscribed and closed above its initial hard cap of $6.0 billion

TJC LP (“TJC”), a middle-market private equity firm investing primarily in North American businesses, today announced the closing of The Resolute Fund VI, L.P. (“Resolute VI” or the “Fund”), totaling $6.85 billion. The Fund was oversubscribed and closed above its initial hard cap of $6.0 billion. Institutional investors, including public pension funds, multinational corporations, insurance companies, fund of funds, endowments, foundations and family offices invested in the Fund.

TJC’s Resolute VI aims to identify well-managed and profitable companies with enterprise values ranging from $100 million to $2 billion, support strategies that drive operational improvements and organic growth and develop investments through add-on acquisitions accretive to business growth. The Fund will invest across a range of industries, including Consumer & Healthcare, Diversified Industrials, Logistics & Supply Chain and Technology & Infrastructure, with plans to invest across all sectors to better diversify investments. The firm’s industry focus has also expanded to include Industrial Technology investments.

“Over the past several years, our firm has grown steadily but significantly while our team culture and chemistry have become even stronger. We will now utilize what will be our largest fund ever to continue to pursue opportunities in the U.S. middle market, building value where we invest while collaborating with strong management partners,” said Rich Caputo, Chairman and Chief Executive Partner of TJC. “We believe that our ability to raise a significant amount of new capital in such a challenging market, and do so with a global base of investors, is a testament not just to TJC’s team and unique culture, but also the durable success of an investment strategy focused on value creation in the U.S. middle market.”

“We are grateful and appreciative to our long-term partners who have supported TJC’s growth over the last four decades,” said Kristin Custar, Partner and Head of the Global Investor Capital Group at TJC. “We remain committed to further cultivating the values on which these relationships were founded and look forward to building on our collective success. We look forward to generating value on behalf of our investors.”

Latham and Watkins LLP served as legal counsel.

About TJC LP

TJC LP, formerly known as The Jordan Company, has worked for more than 40 years with CEOs, founders and entrepreneurs across a range of industries including Consumer & Healthcare, Diversified Industrials, Industrial Technology, Logistics & Supply Chain and Technology & Infrastructure. With $28.9 billion of assets under management as of September 30, 2023, TJC is managed by a senior leadership team that has invested together for over 22 years on over 80 investments. TJC has offices in New York, Chicago, Miami and Stamford. For more information, please visit www.tjclp.com.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 DalyCity.com & California Media Partners, LLC. All rights reserved.