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

JFL Equity Investors VI, L.P Recommendation Report

Hamilton Lane Investment Considerations The General Partner will continue to thoughtfully build the team JFL will remain thoughtful around portfolio construction as the market environment evolves Fund V will generate attractive performance in line with Fund IV ● February 2023 | Proprietary and Confidential ● ● ● Executive Summary (cont.) JFL will need to continue to attract and retain professionals in a competitive talent environment The General Partner has a long history of promoting from within JFL has increasingly spread its carried interest allocation broadly within the firm, further aligning incentives with top talent Historically, the General Partner has constructed concentrated portfolios JFL has continued to increase its intentionality regarding portfolio construction Fund V's portfolio remains nascent and currently trails peers of a similar vintage Consistent with JFL's focus on deep value and complex situations, operational improvements typically take three years to be fully established within a portfolio company and reflected in valuations Fund V's portfolio has performed in line with expectations to date and the General Partner expects fund-level performance to follow a similar progression as Fund IV Executive Summary | General Partner | Investment Strategy | Track Record | ESG | Appendices JFL Equity Investors VI, L.P. | Page 7
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