J.F. Lehman & Company Secures $2.2 Billion in Fund VI
J.F. Lehman & Company (JFLCO), a prominent mid-sized private equity firm, has announced the successful closing of its latest flagship fund, JFL Equity Investors VI, L.P. This impressive achievement marks a significant milestone in the firm's history, raising a staggering $2.23 billion on December 11, 2024, and representing the largest offering since its inception 33 years ago. The fundraising effort greatly surpassed its initial target of $1.6 billion, reflecting strong confidence from investors in the aerospace, defense, maritime, government, and environmental sectors.
The raised capital will enable JFLCO to continue executing its well-established investment strategy, leveraging over three decades of specialized industry expertise and extensive operational knowledge. This allows the firm to assist companies in reaching their maximum potential. As a result of Fund VI, the firm's total assets under management will rise to an impressive $7 billion as of November 30, 2024.
Louis N. Mintz, a partner at JFLCO, stated, "The success of these fundraising efforts highlights our ability to attract truly valuable companies, achieve tangible improvements in our portfolio, and demonstrate significant trust in our team. We are committed to continuing to generate appealing risk-adjusted returns while deploying and managing Fund VI." This sentiment was echoed by Karina Perelmutter, Managing Director of Investor Relations and Marketing, who added, "We are grateful for the support of our long-standing partners, many of whom have backed our efforts from the outset with confidence. We also appreciate the trust given to us by numerous new partners who support our industry strategy."
The successful fundraising was facilitated by UBS Securities LLC, serving as placement agent for Fund VI, while legal advisory was provided by Davis Polk & Wardwell LLP.
About J.F. Lehman & Company
Founded in 1992, J.F. Lehman & Company is dedicated exclusively to investing in the aerospace, defense, maritime, government, and environmental sectors. With offices located in New York and Washington, D.C., the firm has built a reputation based on a longstanding commitment to these industries and an impressive track record of successful investments.
For more information on J.F. Lehman & Company, visit
www.jflpartners.com.
This achievement underscores not only JFLCO's strong foothold in private equity but also the confidence of investors in their strategic vision and operational capabilities within key industry sectors.