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 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.
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.