J.P. Morgan Asset Management created a new sustainability-focused growth private equity investment team. In support of these efforts, the firm hired Tanya Barnes as co-managing partner of the new team alongside Osei Van Horne.
J.P. Morgan Asset Management expanded its private credit platform and appointed Vincent Lu and Brian Van Elslander co-heads of the newly formed global performing credit group. Lu and Van Elslander have experience in private credit and private equity sponsor coverage.
J.P. Morgan Asset Management launched two hedged equity funds: JPMorgan Hedged Equity 2 and JPMorgan Hedged Equity 3. Both funds will seek S&P 500 equity exposure while hedging overall market risk relative to traditional long-only equity strategies.
J.P. Morgan Asset Management appointed Meg McClellan as head of Private Credit in the firm’s Global Alternatives group to lead the firm’s major expansion in Private Credit.
Capital One provided a $53 million term loan to institutional investors advised by J.P. Morgan Asset Management – Global Real Assets. The loan financed the acquisition of the Onyx on First apartment building in Washington, D.C.