J.F. Lehman & Company Secures $2.2 Billion for Fund VI
On December 11, 2024, New York-based J.F. Lehman & Company (JFLCO), a prominent middle-market private equity firm focused on aerospace, defense, maritime, government, and environmental sectors, announced the successful closing of JFL Equity Investors VI, L.P. and affiliated investment vehicles, commonly referred to as Fund VI. This major fundraising initiative has culminated in $2.23 billion, marking it as the largest in the firm’s 33-year history and significantly exceeding its $1.6 billion target.
Year after year, J.F. Lehman & Company has demonstrated resilience and adeptness in securing substantial funds, enabling them to further their long-term investment strategy. With this new fund, they plan to leverage over three decades of expertise and operational excellence to assist companies in reaching their utmost potential. The total managed assets of the firm will increase to an impressive $7 billion as of November 30, 2024.
Louis N. Mintz, a partner at the firm, remarked on the strong market demand, stating, "This extraordinary success reflects our ability to identify high-value companies and deliver tangible enhancements across our portfolio. It showcases the considerable trust placed in our team. We are committed to creating attractive, risk-adjusted returns as we deploy and manage Fund VI."
Moreover, Karina Perelmuter, Executive Director of Investor Relations and Marketing, expressed gratitude towards long-time partners who steadfastly supported their efforts throughout the fundraising process. She also acknowledged the newfound confidence from numerous new partners engaging with their sector-focused strategy.
UBS Securities LLC acted as the placement agent for Fund VI, while Davis Polk & Wardwell LLP served as legal advisor during this financing endeavor.
About J.F. Lehman & Company
Founded in 1992, J.F. Lehman & Company is dedicated solely to investing in the aerospace, defense, maritime, government, and environmental industries. With offices in New York and Washington, D.C., the firm leverages its specialized knowledge and extensive network to navigate the intricacies of these vital sectors, making strategic investments that enhance both value and growth.
For more information about their strategies and investment opportunities, visit their official site at
www.jflpartners.com.