JF Lehman & Company raises $1.35bn

The New York-based firm closed its fifth mid-market fund above its target.

  • Fund name: JFL Equity Investors V
  • Amount raised: $1.35 billion
  • Target size: $1 billion
  • Stage of fundraising: Final close
  • Final close date: July 2020
JF Lehman & Company held a final closing of JFL Equity Investors V on $1.35 billion, exceeding its $1 billion target. Capital raised by the vehicle will be used to invest in mid-market companies throughout the US and Europe within the government, aerospace, maritime, defense and environmental sectors.