JF Lehman Surpasses Goal In Closing New $575M Fund

Law360, New York (September 30, 2011, 1:13 PM EDT) -- Defense-focused private equity firm J.F. Lehman & Co. said Thursday it had closed its $575 million JFL Equity Investors III LP fund, by far its largest yet, amid strong support from existing investors and demand from new investors.

The New York firm, which also focuses on aerospace and maritime industry investments, said its third fund follows on the heels of a second fund valued at $335 million and an initial fund valued at $131 million.

"Decades of industry-specific investment experience, combined with our specialized knowledge of...
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