J.F. Lehman & Co., a middle-market private equity firm focused on the aerospace, defense, maritime, government and environmental sectors, has added Evan Lederman and Lionel Jolivot as partners, credit.

Lederman joined JFLCO in 2023 to launch its credit team and has nearly 20 years of investing, legal and restructuring experience across the credit spectrum, ranging from performing to distressed. Prior to joining the firm, Lederman was a founder and managing partner of LJ Capital Management. Previously, Lederman was a partner at Fir Tree Capital Management, a multi-billion dollar investment firm, where he co-managed the firm’s credit, restructuring and special situations investments.

Jolivot also joined JFLCO in 2023 to launch its credit team and has more than 20 years of experience investing across the credit spectrum, from performing to distressed. Prior to joining the firm, Jolivot was a founder and managing partner of LJ Capital Management. Previously, Jolivot served as a managing director and portfolio manager at Angel Island Capital, the credit arm of Golden Gate Capital. He held various portfolio management and research positions, including with Millenium Management and Fore Research & Management.