J.F. Lehman closes $2.2 billion Fund VI
We advised J.F. Lehman on the fundraise and related matters
Davis Polk advised J.F. Lehman & Company (JFLCO) in connection with the formation, fundraise and related matters for its sixth flagship buyout fund, JFL Equity Investors VI, L.P. (together with its affiliated investment vehicles, “Fund VI”). JFLCO closed the fund with $2.23 billion in commitments, exceeding its $1.6 billion target. The closing of the oversubscribed fund marks the largest fundraise in the firm’s 33-year history and increases its total assets under management to $7 billion as of November 30, 2024.
Founded in 1992, J.F. Lehman & Company is a leading middle-market private equity firm that focuses exclusively on investing in the aerospace, defense, maritime, government and environmental industries. The firm has offices in New York and Washington DC.
The Davis Polk investment management team included partners Andrew Ahern and Luke Eldridge and associates Josh Schilowitz and Caleb Beavers. Partner Ethan R. Goldman and associate William Liang provided tax advice. All members of the Davis Polk team are based in the New York office.