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.