Daily News: February 27, 2014

WSJ: JPMorgan Seeks Final Bids for Special Opportunities Group

The Wall Street Journal reported that JPMorgan Chase is seeking final bids for its Global Special Opportunities Group around the end of March, with at least four parties still in talks to buy the $2.1 billion asset manager, a Journal

According to the Journal , investments by JPMorgan’s Global Special Opportunities Group include a U.S. and European portfolio of mezzanine loans totaling around $1.2 billion to 29 companies, and an Asian-Pacific portfolio comprising 23 debt and equity investments worth around $900 million.

To read the entire Journal article, target=”_blank”> click here.