TJC LP (TJC), a middle-market private equity firm investing primarily in North American businesses, has announced the closing of The Resolute Fund VI, L.P. (the Fund), totaling US$6.85 billion. The Fund was oversubscribed and closed above its initial hard cap of US$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.
Latham & Watkins LLP advised TJC in the formation of the fund with an investment funds team led by New York partner Matthew Chase, with Chicago partner Matthew Wynne, New York associates Christina Smith, Connor Ross, and Bhavin Shah, and Chicago associates Eleni Christou and Molly Nelson. Advice was also provided on tax matters by New York partner Gregory Hannibal and New York counsel Lauren Bewley, with associates Arash Lotfi and Michael Syku; on funds regulatory matters by Washington, D.C. partner Jamie Lynn Walter, with associates Mike Hart-Slattery and Haley Hohensee; on Alternative Investment Fund Managers Directive matters by London counsel Clare Scott; and on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum.