Cameron Jordan

Mr. Jordan advises clients on legal issues and considerations relating to the establishment and operation of U.S. and international private investment funds. He regularly counsels a broad spectrum of sponsors, from first-time fund managers to global institutional asset managers as well as an array of institutional investors, including sovereign wealth funds, strategic corporates, family offices and tax-exempt organizations. He helps sponsors with their formation, global fundraising, capital deployment, compliance and operating activities across a range of strategies, including buyout/private equity, credit/debt, real estate, infrastructure, venture and growth.

In the registered investment company area, Mr. Jordan advises clients in the development, structuring, operation and regulation of business development companies, closed-end funds, mutual funds and exchange-traded funds. He has represented funds, fund sponsors and underwriters in initial public offerings and secondary market financings. Mr. Jordan also regularly counsels funds and their boards of directors in connection with directors’ duties, corporate governance and regulatory matters.

Mr. Jordan also counsels buyers and sellers in a number of significant transactions in the asset management industry and on a range of issues relating to the U.S. Investment Company Act, the U.S. Investment Advisers Act and the rules and regulations of FINRA. In addition, he regularly advises domestic, international and multinational operating companies and REITs regarding their status under the U.S. Investment Company Act.

Mr. Jordan has an active pro bono practice. He also is a member of the Steering Committee of Skadden’s Black Lawyers for Diversity affinity network and a member of the Chicago office’s Summer and Diversity committees. In recognition of his work, Mr. Jordan was named a recipient of the Cook County Bar Association’s 2024 Next Generation Award. He previously was a participant in the Leadership Council on Legal Diversity’s Pathfinders Program.

Recent representation highlights include:

Private Funds

• CapitalG in the formation of CapitalG III LP and CapitalG IV LP, each of which is a $2 billion growth-stage venture capital investment fund sponsored by Alphabet
• GoodFinch Management in the formation of GoodFinch Fund V and related managed accounts and joint ventures
• Elizabeth Park Capital Management and Calvert Impact in the formation of the Mission Driven Bank Fund, a private equity impact fund that invests in MDIs and CDFIs
• Alphabet in connection with:
  • certain investments in Black-led venture capital firms, including Concrete Rose and Share Ventures
  • an investment in a private equity fund sponsored by a leading asset manager
• Aflac Global Ventures in connection with several domestic and international venture capital investments
• Goldfinch Partners and The Baupost Group in connection with their formation of a private fund to acquire Western Union Business Solutions for $910 million
• Irradiant Partners in the formation of Irradiant Solutions Fund II, LP, a private credit fund, and Irradiant CLO Opportunities Fund, an evergreen CLO fund
• a leading sovereign wealth fund in connection with a $5.8 billion separately managed account
• a leading sovereign wealth fund in connection with a $1 billion investment in a Carlyle private equity fund
• a leading sovereign wealth fund in connection with a $375 million investment in a real estate credit fund
• a leading sovereign wealth fund in connection with a $300 million investment in a retail real estate “core plus” investment fund
• a leading sovereign wealth fund in connection with a $300 million investment in a retail real estate “value add” and “opportunistic” co-investment fund
• a leading sovereign wealth fund in connection with $50 million investment in a commingled residential and commercial real estate fund focused in Sunbelt and western markets of the U.S.
• a leading sovereign wealth fund in connection with a $125 million investment in a commingled real estate fund focused on special situations and distressed investments
• a leading sovereign wealth fund in connection with a $350 million investment in a private equity co-investment fund
• Neuberger Berman and several other large asset managers with respect to the formation and operation of their general partners and carried interest vehicles

Asset Manager Mergers and Acquisitions

• Silver Rock in its pending strategic partnership with by Mubadala Capital
• CI Financial in its $8.7 billion take-private acquisition by Mubadala Capital
• CC Capital in its pending $250 million investment in The Westaim Corporation
• Lincoln Financial Group in its sale of its wealth management business to Osaic, Inc.
• Compass Group in its business combination with Vinci Partners to create a pan-regional platform managing over $50 billion in assets
• American Equity in connection with certain investments, including its strategic partnerships with 26North Partners and Pretium Partners
• Rithm Capital Corp. in its $720 million acquisition of Sculptor Capital Management, Inc.
• Fortress Investment Group in several investments and financing transactions, including with respect to Brightline
• Neuberger Berman in connection with the business combination of Dyal Capital Partners and Owl Rock Capital in a $12.5 billion de-SPAC transaction to form Blue Owl Capital
• Janus Henderson in its $6 billion merger of equals
• a family office in its acquisition of a significant stake in an asset manager

Registered Funds

• Advent, Allianz, Brookfield, Cushing Funds, Gabelli, Guggenheim Funds, Tortoise and XA Investments in connection with initial public offerings and secondary offerings of closed-end funds totaling over $2 billion
• investment banks, including UBS, Bank of America Merrill Lynch, Morgan Stanley and Wells Fargo, as underwriters of offerings totaling over $3 billion by closed-end funds sponsored by firms such as Abdrn, Angel Oak, First Trust, Franklin, Invesco, Nuveen and PIMCO
• Advent, Cushing and Nuveen in response to activist shareholders, including Bulldog Investors, Karpus Management, Saba Capital Management and Western Investment
• Aspiriant, Cushing, Gabelli, Janus Henderson and Nuveen in connection with certain investment, corporate governance and regulatory matters related to their open-end funds