JFL Equity Investors VI, L.P Recommendation Report slide image

JFL Equity Investors VI, L.P Recommendation Report

Hamilton Lane Investment Thesis Longstanding, experienced investor supported by an operating team Consistent sector focus drives deep domain expertise navigating complexity Attractive performance with additional upside expected ● February 2023 | Proprietary and Confidential ● ● ● ● Executive Summary (cont.) The General Partner was founded in 1992 and is currently led by Louis Mintz, Stephen Brooks, Alexander Harman and Glenn Shor, four well-tenured partners who collectively possess an average of 21 years of tenure and deep sector expertise The senior partners are supported by a cohesive investment team of mid- and junior-level professionals that possess relevant industry expertise The General Partner benefits from its dedicated Portfolio Operations professionals and 17-person Operating Executive Board to source opportunities, aid in diligence, and drive value creation initiatives In line with prior funds, JFL targets the maritime, environmental & infrastructure services, aerospace and government & defense sectors The General Partner intends to continue to pursue complex transactions, including owner-founder transitions, corporate carve-outs, niche technologies & programs, as well as businesses with nuanced contract profiles, lack of business development engines and insufficient systems & processes Through its consistent focus on complexity, JFL has developed strong pattern of recognition within its core areas The General Partner has delivered attractive performance in prior funds, with Funds II and IV generating top- or second-quartile returns, as of 9/30/2022 JFL has generated outperformance across select investments with several exited investments achieving gross multiples greater than 3.0x The General Partner has improved its dispersion of returns across Funds II through IV, demonstrating a strong preservation of capital Executive Summary | General Partner | Investment Strategy | Track Record | ESG | Appendices JFL Equity Investors VI, L.P. | Page 6
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