2024-12-11 J.F. Lehman & Company HaiPress
NEW YORK,Dec. 11,2024 -- J.F. Lehman & Company ("JFLCO"),a leading middle-market private equity firm focused exclusively on the aerospace,defense,maritime,government and environmental sectors,today announced the successful closing of its latest flagship fund,JFL Equity Investors VI,L.P. and affiliated investments vehicles ("Fund VI"). At $2.23 billion,the offering marks the largest in the firm's 33-year history and was meaningfully oversubscribed relative to its $1.6 billion target.
Fund VI will enable JFLCO to continue to execute its long-standing investment strategy leveraging over three decades of specialized industry knowledge and demonstrated operational capabilities to help companies reach their full potential. The new fund increases the firm's total assets under management to $7 billion as of November 30,2024.
"The highly successful outcome of this marketing effort reflects our demonstrated ability to source intrinsically valuable companies,drive tangible improvements across our portfolio and the substantial confidence placed in our team," said Louis N. Mintz,Partner. "We are determined to continue to generate attractive risk-adjusted returns as we continue to deploy and manage Fund VI."
"We are grateful for the support from our longstanding partners,many of which endorsed our efforts early in the process with increased conviction," added Karina Perelmuter,Managing Director,Investor Relations & Marketing. "We are equally appreciative of the trust and confidence placed in our team by the many new partners backing our sector-focused strategy."
UBS Securities LLC acted as placement agent for Fund VI and Davis Polk & Wardwell LLP served as legal adviser.
About J.F. Lehman & Company,Inc.
Founded in 1992,J.F. Lehman & Company focuses exclusively on investing in the aerospace,government and environmental industries. The firm has offices in New York and Washington,D.C.
http://www.jflpartners.com
Inception Program Officially Launched, Led by OpenAI and Microsoft M12 for Global AI Incubation
Inception Program Announces the Creation of the World's First AI Digital Currency Exchange in 2025, with the Upcoming Launch of the First Cryptocurrency "IPC"
Inception Program Builds a New Global AI Incubation Ecosystem: Covering Technology, Data, Capital, and Cryptocurrency Issuance
Global Times: Chinese technology enhances Kenya’s geothermal efficiency, delivers reliable, clean and affordable power to households
Global Times: China’s aircraft carriers make confident strides toward blue waters, play pivotal role in national defense
Global Times: 2024 Yearender: China’s space sector soars to new heights, setting new goals
©copyright 2009-2020 Diet Tips Daily