#United States #New York #Private Equity #J.F. Lehman #Fund VI

J.F. Lehman & Company’s Recent Milestone in Fundraising

J.F. Lehman & Company (JFLCO) has recently announced a significant achievement in the world of private equity by successfully closing its latest flagship fund, JFL Equity Investors VI, L.P., along with affiliated investment vehicles. This accomplishment marks a historic moment for the firm, as the $2.2 billion raised sets a record in its 33-year history, exceeding the original fundraising target of $1.6 billion.

Background on J.F. Lehman & Company

Founded in 1992, J.F. Lehman & Company is a prominent private equity firm focusing exclusively on the aerospace, defense, maritime, governmental, and environmental sectors. Headquartered in New York and Washington, D.C., it has built a reputation for its deep industry expertise and operational capabilities, which assist portfolio companies in achieving their growth goals.

Details of Fund VI Launch

The successful launch of Fund VI is attributed to several factors, including a robust marketing initiative that garnered the interest of both existing and new investors. Louis N. Mintz, a partner at JFLCO, highlighted the firm’s proven ability to identify inherently valuable companies and drive tangible improvements within their investments. Mintz expressed confidence in the firm’s strategy, stating, "We are determined to continue delivering attractive risk-adjusted returns while implementing and managing Fund VI."

Karina Perelmuter, Managing Director of Investor Relations and Marketing, also shared her gratitude, noting, "We are thankful for the support from our partners, many of whom believed in our efforts from the onset. We also appreciate the trust from numerous new partners who back our sector-focused strategy."

The new fund brings the total assets under J.F. Lehman’s management to approximately $7 billion as of November 30, 2024. This remarkable growth allows the firm to further leverage its niche expertise and operational resources to bolster the value of its portfolio companies.

The Role of UBS Securities

To facilitate the fundraising, UBS Securities LLC acted as the placement agent for Fund VI, helping to connect the firm with potential investors and manage the overall marketing strategy effectively. Additionally, legal advice was provided by Davis Polk & Wardwell LLP, ensuring that all regulatory requirements and investment standards were met throughout the fundraising process.

Future Outlook

With an impressive capital raised, Fund VI is positioned to execute J.F. Lehman’s long-term investment strategy. The firm aims to continue supporting companies within its targeted sectors, optimizing their operations and ensuring sustainable growth as they navigate many challenges in today’s business environment.

Such successful fundraising initiatives highlight the increasing investor demand for private equity in the defense and aerospace sectors, suggesting a strong future for firms like J.F. Lehman & Company. Industry observers will be keen to see how Fund VI's deployment of capital unfolds in the coming years and the types of transformative changes it brings to its portfolio companies.

For more information about J.F. Lehman & Company and its investment strategies, visit JFL Partners.