J.P. Morgan Asset Management launched J.P. Morgan Private Capital, which includes a new growth equity investment arm and the firm’s existing private debt business. Brian Carlin, previously CEO of wealth management solutions at J.P. Morgan, will lead the new division.
Fintech company Built Technologies hired Raymond Ritz as senior vice president of Technology. In this role, Ritz will lead Built’s product and technology development.
Nashville, TN-based Built Technologies, an online lender to the construction industry, closed a $21 million Series A investment led by global venture capital firm Index Ventures, with participation from New York-based Nyca Partners.