J.F. Lehman & Co. raises $833m

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J.F. Lehman & Co. has raised $833 million for its JFL Equity Investors IV. The New York-headquartered firm began fundraising in 2017 with a $700 million target.

Its previous fund raised $576 million in 2011.

The fund will target buyout opportunities in aerospace, maritime and defense sectors in North America and Europe.