The Jordan Company’s fourth buyout fund, Resolute Fund IV, has held a final close at $2.33 billion, according to a regulatory filing. The firm had originally targeted $3.2 billion.
The details of this close have yet to be confirmed by the firm.
The Nebraska Investment Council, Ohio Police & Fire Pension Fund, Houston Municipal Employees’ Pension System and Texas County and District Retirement System have each committed capital to Fund IV.
Resolute Fund III previously closed at $3.25 billion in April 2014.