JP Morgan’s Private Equity Group Closes $1.4bn Flagship Fund

JP Morgan’s private equity group closes $1.4bn flagship fund

JP Morgan Asset Management’s Private Equity Group (PEG) has closed its 12th flagship fund, PEG Global Private Equity XII (GPE XII), above its $1.25bn target at $1.44bn. The fund will make primary, secondary and co-investments in buyout and early-stage VC strategies. The group’s prior flagship fund, PEG Global Private Equity XI, closed at $1.28bn in 2024. JP Morgan Asset Management’s Private Equity Group is a longstanding investor with over four …

JP Morgan PE unit seals above-target $1.44bn final close for new flagship fund

JP Morgan Asset Management's Private Equity Group has closed its latest flagship fund on $1.44bn, about 15% above its initial $1.25bn target. The post JP Morgan PE unit seals above-target $1.44bn final close for new flagship fund appeared first on AltAssets Private Equity News.

J.P. Morgan AM Closes Private Equity Fund XII at $1.4bn

J.P. Morgan Asset Management’s Private Equity Group announced the closing of its 12th flagship fund, PEG Global Private Equity XII. GPE XII closed above its $1.25 billion target at $1.44 billion. “We are pleased to announce the close of PEG Global Private Equity XII, reflecting strong investor demand for our flagship small and mid-market strategy,” said Ashmi Mehrotra, Global Co-Head of J.P. Morgan Asset Management’s Private Equity Group. “Our t…