Reuters reported JPMorgan hired private equity industry veteran Cathrin Petty to co-head its healthcare group in Europe, the Middle East and Africa (EMEA), anticipating a pick-up in activity in the sector.

Petty, who joins from British private equity firm Vitruvian Partners, will work alongside current head Rakesh Patel, according to a memo seen by Reuters and confirmed by a JPMorgan spokeswoman, Reuters said further.

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