Ropes & Gray Represents Hamilton Lane on The Jordan Company’s $1.3 Billion Continuation Fund
The Jordan Company, L.P. ("TJC") announced on Aug. 23 the successful closing of The Resolute II Continuation Fund, L.P. (together with its related vehicles, the "Fund"). The transaction was led by Hamilton Lane, advised by Ropes & Gray.
In addition to Hamilton Lane, a diverse group of secondary and primary investors, including Resolute II limited partners also participated. The Fund consists of over $1.3 billion in capital commitments, which funded the purchase of portfolio companies from The Resolute Fund II, L.P. ("Resolute II"), a 2007 vintage fund with approximately $3.6 billion in capital commitments, and is the first continuation fund established by TJC.
The Ropes & Gray team was led by asset management partner and institutional investors team co-leader Isabel Dische and included tax partner Dan Kolb, litigation & enforcement counsel Steve Kaye, and asset management associates Christian Vareika, Tim Parrington, Liz Levin, and tax associate Aaron Lichter.