J.P. Morgan Asset Management Announces Major Closing of Co-Investment Fund II Exceeding $1 Billion Target
On November 19, 2025, J.P. Morgan Asset Management's Private Equity Group, known as PEG, made headlines by announcing the successful closure of its second co-investment fund, PEG Co-Investment Fund II. This fund has been notable for closing above its anticipated $750 million target, reaching an impressive total of $1 billion, including substantial commitments from the PEG team itself.
Stephen Catherwood, Co-Head of the Private Equity Group, expressed his enthusiasm for this development, stating, "We are pleased to announce the close of PEG Co-Investment Fund II, a focused strategy that is well positioned for the current market environment and opportunity set." The announcement reflects PEG's intent to harness the collective experience of its team and a well-established network of general partners (GPs) to unearth and invest in promising private companies primarily within the small to middle-market sectors that show promising growth potential.
The diversified approach of Fund II includes various sectors and regions while spotlighting unique value creation strategies. This new fund builds on the foundation laid by its predecessor, PEG Co-Investment Fund I, launched in 2021, which successfully raised $667 million and is now fully committed across a diversified portfolio of companies.
J.P. Morgan Asset Management’s Private Equity Group has built an enduring reputation in the investment community, with over 40 years of experience and a total asset management portfolio of $36 billion. This firm acts as an active strategic partner to over 250 private equity sponsors, leading to a robust sourcing engine for co-investments.
As part of its commitment to accessibility for investors, J.P. Morgan’s Private Equity Group provides numerous entry points to its platform, including a range of co-mingled strategies and tailored mandates designed to meet the distinct needs of its clients.
In the broader context of J.P. Morgan Asset Management, the company stands as a titan in the investment management arena with approximately $4 trillion in assets under management as of September 30, 2025. The firm caters to a spectrum of clients including institutional investors, retail investors, and high-net-worth individuals across major global markets.
With diversified offerings that encompass equities, fixed income, real estate, hedge funds, private equity, and liquidity management, J.P. Morgan Asset Management continues to navigate the complexities of the investment landscape. The firm remains committed to driving growth and generating value for its clients while maintaining a strong global presence.
Overall, the closure of PEG Co-Investment Fund II not only underscores J.P. Morgan’s adeptness in capitalizing on investment opportunities but also signals its ongoing evolution as a leader in the private equity space. Investors and market watchers alike will be keenly observing how the funds will be allocated and the investment strategies employed in this new chapter for the firm.
Stephen Catherwood, Co-Head of the Private Equity Group, expressed his enthusiasm for this development, stating, "We are pleased to announce the close of PEG Co-Investment Fund II, a focused strategy that is well positioned for the current market environment and opportunity set." The announcement reflects PEG's intent to harness the collective experience of its team and a well-established network of general partners (GPs) to unearth and invest in promising private companies primarily within the small to middle-market sectors that show promising growth potential.
The diversified approach of Fund II includes various sectors and regions while spotlighting unique value creation strategies. This new fund builds on the foundation laid by its predecessor, PEG Co-Investment Fund I, launched in 2021, which successfully raised $667 million and is now fully committed across a diversified portfolio of companies.
J.P. Morgan Asset Management’s Private Equity Group has built an enduring reputation in the investment community, with over 40 years of experience and a total asset management portfolio of $36 billion. This firm acts as an active strategic partner to over 250 private equity sponsors, leading to a robust sourcing engine for co-investments.
As part of its commitment to accessibility for investors, J.P. Morgan’s Private Equity Group provides numerous entry points to its platform, including a range of co-mingled strategies and tailored mandates designed to meet the distinct needs of its clients.
In the broader context of J.P. Morgan Asset Management, the company stands as a titan in the investment management arena with approximately $4 trillion in assets under management as of September 30, 2025. The firm caters to a spectrum of clients including institutional investors, retail investors, and high-net-worth individuals across major global markets.
With diversified offerings that encompass equities, fixed income, real estate, hedge funds, private equity, and liquidity management, J.P. Morgan Asset Management continues to navigate the complexities of the investment landscape. The firm remains committed to driving growth and generating value for its clients while maintaining a strong global presence.
Overall, the closure of PEG Co-Investment Fund II not only underscores J.P. Morgan’s adeptness in capitalizing on investment opportunities but also signals its ongoing evolution as a leader in the private equity space. Investors and market watchers alike will be keenly observing how the funds will be allocated and the investment strategies employed in this new chapter for the firm.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.