Mid-market firm JF Lehman & Company has appointed General John F. Campbell to its operating executive board (OEB).
General Campbell is a retired US Army veteran who has commanded units at every echelon, from platoon to division, in Germany, Haiti, Iraq, Afghanistan and the US, the firm said. In 2013 he was sworn in as the 34th vice chief of staff of the US Army and, in July 2014, became the commander of the Resolute Support Mission and US Forces – Afghanistan.
The firm’s OEB includes industry and government executives with experience in its target sectors of defense, aerospace and maritime. OEB members help source and evaluate deals, advise on portfolio company strategy and recruit senior-level portfolio company management, the firm said.
Other OEB members include Michael Bayer, former chairman of the Defense Business Board, General John D.W. Corley, former US Air Force vice chief of staff and Admiral Thomas B. Fargo, former commander of US Pacific Command and commander-in-chief of US Pacific Fleet, according to the firm’s website.
In October, the firm launched JFL Equity Investors IV, targeting $700 million. It had raised $614 million as of May, according to PEI Research & Analytics. Arkansas Teacher Retirement System committed $30 million to the fund, according to PEI data.
Headquartered in New York, JF Lehman has made 22 platform investments to date, according to its website. Its current portfolio includes LED lighting systems provider Aeronautical & General Instruments, regional air transportation and logistics services provider Ravn Alaska, and specialised environmental and maritime services provider National Response Corporation.