J.F. Lehman & Company Secures $2.2 Billion for Fund VI, Shows Strong Demand from Investors

J.F. Lehman & Company Successfully Raises $2.2 Billion for Fund VI

On December 11, 2024, J.F. Lehman & Company (JFLCO), a prominent player in the middle-market private equity sector, announced the closing of its latest flagship fund, JFL Equity Investors VI, L.P. This new fund achieved an impressive total of $2.23 billion, significantly surpassing its original target of $1.6 billion and marking the firm's best result in its 33-year history. The strong demand from investors demonstrated a substantial oversubscription, highlighting JFLCO's credibility and performance in the marketplace.

JFLCO focuses its investments on multiple sectors within aerospace, defense, maritime, government, and environmental industries. With the successful capital raise for Fund VI, the total managed assets of the firm as of November 30, 2024, have reached $7 billion, allowing them to further enhance their investment strategies while continuing to support companies in unlocking their full potential based on over three decades of industry expertise.

Louis N. Mintz, a partner at JFLCO, commented on this impressive achievement, stating, “The significant success of this endeavor illustrates our proficiency in attracting valuable investors and effectively improving our portfolio, showcasing the deep trust in our team.” Fund VI aims to continue generating attractive returns adjusted for risk, aligning with JFLCO's long-term investment strategy.

The firm expressed gratitude for the ongoing support from long-term partners, many of whom have been with JFLCO since the beginning, believing in their efforts and success. Karina Perelmuter, Managing Director in Investor Relations and Marketing, echoed this sentiment, extending heartfelt thanks to the new partners who have also put their faith in JFLCO's sector-focused strategy.

UBS Securities LLC acted as a placement agent for Fund VI, while Davis Polk & Wardwell LLP provided legal counsel throughout the fund’s establishment process. This collaboration reflects JFLCO's solid backing and structured approach in managing investor relations and legal frameworks effectively.

J.F. Lehman Company, founded in 1992, operates with offices located in New York and Washington, D.C., concentrating on the unique needs of its target sectors. As they embark on this new funding chapter, JFLCO is poised to strategically deploy capital into promising opportunities that align with their expertise and the sectors they serve.

In conclusion, the successful closing of Fund VI is a testament to J.F. Lehman & Company’s leadership in the private equity field and the trust they continue to build with investors. They look forward to leveraging this achievement as a stepping stone to further investments that positively impact their sector-aligned portfolio and generate robust returns for their investors.