J.F. Lehman & Company Secures $2.2 Billion for Its Oversubscribed Fund VI

New York, December 11, 2024 – J.F. Lehman & Company, a prominent mid-market private equity firm, has announced the successful closing of its latest flagship fund, JFL Equity Investors VI, L.P., alongside related investment vehicles. The fundraising reached $2.23 billion, marking the largest offering in the firm’s 33-year history, significantly surpassing its initial target of $1.6 billion.

The newly established Fund VI empowers J.F. Lehman to continue its long-standing investment strategy, leveraging over three decades of specialized industry knowledge and proven operational skills. This fund aims to assist companies in maximizing their potential.

With Fund VI's launch, J.F. Lehman’s total assets under management will rise to $7 billion by November 30, 2024. Louis N. Mintz, a partner at JFLCO, expressed, “The exceptionally successful outcome of this fundraising effort reflects our demonstrated ability to identify value-driven companies, drive tangible improvements in our portfolio, and the substantial trust placed in our team.” Mintz further emphasized the commitment to deliver attractive risk-adjusted returns as they deploy and manage Fund VI.

Karina Perelmuter, Managing Director for Investor Relations and Marketing, added, “We are thankful for the support of our long-standing partners, many of whom have backed our efforts with great conviction from the outset. We also appreciate the trust extended by the numerous new partners who support our sector-focused strategy.”

UBS Securities LLC acted as the placement agent for Fund VI, and Davis Polk & Wardwell LLP served as legal advisor.

About J.F. Lehman & Company, Inc.

Founded in 1992, J.F. Lehman & Company focuses exclusively on investments in the sectors of aerospace, defense, maritime, government, and environmental services. The firm has offices located in New York and Washington, D.C. It specializes in generating value for its portfolio companies through operational improvements, strategic guidance, and leveraging its extensive network.

The oversubscription of Fund VI demonstrates not only J.F. Lehman’s adeptness in navigating the complex landscape of private equity but also reflects broader confidence in the aerospace and defense sectors, which are expected to see significant growth in the coming years. J.F. Lehman's focus on these high-potential industries ensures its relevance and efficacy in an evolving market, ultimately driving forward innovations that define the future of defense and aerospace leadership.

By continuing its commitment to value creation, J.F. Lehman & Company is well-positioned to capitalize on newly emerging opportunities while enhancing the operational and financial performance of its portfolio companies, thus fostering long-term growth and resilience in the face of market fluctuations.