Michael Cuff

J.F. Lehman & Company is a middle-market private equity firm that recently announced the final closing of JFL Equity Investors III, L.P. and affiliated investment vehicles. The funds closed on commitments of $575.5 million, above an original target of $450 million in limited partner commitments. JFL Fund III follows JFL Fund II, with commitments of $335.3 million, and JFL Fund I, with commitments of $130.9 million. JFL Fund III commitments were secured from a diversified group of over thirty institutions based in North America and Europe. To date, the firm has made investments in companies with an aggregate transaction value of approximately $1.6 billion. J.F. Lehman & Company focuses exclusively on the defense, aerospace and maritime industries and the technologies that originate from them. This investment strategy reflects the firm's deep experience in and commitment to these sectors for nearly two decades. Consistent with the firm's historical investment program, the funds will focus on control ownership positions in leveraged acquisitions of high quality companies in the firm's target industries in the United States and the United Kingdom.