HeadlinesBriefing favicon HeadlinesBriefing.com

TJC's Resolute Fund VII Nears $10.5 Billion Close

PE International •
×

The Jordan Company (TJC) is targeting a November final close for its seventh flagship fund, Resolute Fund VII. The fund has a hard-cap of $10.5 billion, which is $2 billion larger than its initial target. Further details were revealed in materials presented to a US institutional investor, the Pennsylvania State Employees’ Retirement System, for their July investment committee meeting.

TJC, formerly known as The Jordan Company, has set this ambitious fundraising goal for its latest flagship vehicle. The increased hard-cap suggests strong investor interest and confidence in the firm's strategy. The firm is on track to reach its final closing in November, marking a significant milestone in its fundraising efforts.

This development highlights TJC's continued success in attracting capital for its flagship funds. The $10.5 billion target for Resolute Fund VII positions it as a substantial vehicle for future investments. The final close is anticipated in November.