J.F. Lehman & Company Secures $2.2 Billion for Sixth Fund Amid High Demand
J.F. Lehman & Company Secures Major Fundraising for New Investment Fund
J.F. Lehman & Company (JFLCO), a prominent mid-sized private equity firm specializing in sectors such as aerospace, defense, maritime, public sector services, and environmental initiatives, has recently achieved a significant milestone in its fundraising efforts. The firm announced the successful closing of its flagship fund, JFL Equity Investors VI, L.P., achieving a total capital commitment of $2.23 billion. This amount significantly surpasses the company's initial goal of $1.6 billion, reflecting a considerable over-subscription and strong investor confidence.
The new Fund VI is a testament to JFLCO's robust investment strategy, leveraging over thirty years of industry expertise coupled with proven operational capabilities. The additional capital raised will allow the firm to enhance its investment activities, helping more companies achieve their full potential in challenging economic landscapes.
As of November 30, 2024, the total assets under management rose to a remarkable $7 billion, positioning JFLCO for future growth and investment opportunities. According to Louis N. Mintz, a partner at JFLCO, the successful outcome of this fundraising campaign showcases their ability to seek out valuable companies and implement substantial improvements throughout their portfolio. He emphasized that this success also reflects the significant trust investors have placed in the JFLCO team.
The marketing campaign for Fund VI received significant support from long-standing partners, many of whom showed their commitment early in the process. Karina Perelmuter, Executive Director for Investor Relations and Marketing, expressed gratitude for both existing partners and new investors who have shown increased confidence in their industry-focused strategy.
To facilitate the fundraising process, J.F. Lehman & Company enlisted the services of UBS Securities LLC for placement services, with legal advice provided by Davis Polk & Wardwell LLP.
Founded in 1992, J.F. Lehman & Company is focused exclusively on investments in the aerospace, defense, maritime, public sector, and environmental sectors. With offices located in New York and Washington, D.C., the company has established itself as a key player in private equity, building a reputable track record in these specialized fields. As it embarks on executing the Fund VI strategy, JFLCO remains committed to generating attractive risk-adjusted returns for its investors.
With the investment landscape continually evolving, J.F. Lehman & Company is well-positioned to capitalize on upcoming opportunities and further establish its presence in the private equity market. As they move forward, the focus remains on fostering growth in sectors critical to national defense and sustainability, ensuring they continue to meet the evolving needs of their partners and stakeholders. Overall, Fund VI represents not just a financial milestone but a renewed commitment to excellence in investment management across essential industries.