#United States #New York #Private Equity #JP Morgan #GPE XII

J.P. Morgan Asset Management's Latest Fund Success

In a landmark achievement, J.P. Morgan Asset Management's Private Equity Group has successfully closed its 12th flagship fund, known as PEG Global Private Equity XII (GPE XII), accumulating a remarkable $1.4 billion. This amount significantly surpasses its initial target of $1.25 billion, highlighting the robust demand from investors for the group's specialized small and mid-market strategy.

Ashmi Mehrotra, the Global Co-Head of J.P. Morgan Asset Management's Private Equity Group, expressed her enthusiasm about the closing. She noted, "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." This announcement comes on the heels of the closing of the previous fund, PEG Global Private Equity XI, which raised $1.28 billion in 2024.

The GPE XII fund is designed to offer global diversification, spanning various buyout and early-stage venture capital strategies. These investments will utilize primary investments, secondaries, and co-investments to tap into promising opportunities across a multitude of sectors and geographical locations.

J.P. Morgan's Private Equity Group boasts over four decades of investment experience, managing approximately $36 billion in assets on behalf of institutional and private wealth clients worldwide. The group's strength lies in its established relationships with over 250 private equity sponsors, creating a comprehensive co-investment sourcing mechanism that is highly beneficial for investors.

Furthermore, PEG recently concluded its second dedicated co-investment fund, PEG Co-Investment Fund II (COIN II), amassing $1 billion, which also surpassed its $750 million target. This achievement reiterates the growing investor confidence and interest in J.P. Morgan's investment strategies and expertise.

Currently managing $4 trillion in assets, J.P. Morgan Asset Management is a titan in investment management, serving clients that encompass institutions, retail investors, and high-net-worth individuals. Their offerings span across various investment categories, including equities, fixed income, real estate, hedge funds, private equity, and liquidity. The firm's robust capabilities empower them to serve a diverse clientele effectively.

In conclusion, the successful closure of GPE XII not only strengthens J.P. Morgan Asset Management's portfolio but also reinforces its status as a leader in private equity investment. As the demand for innovative and strategic investment approaches continues to rise, J.P. Morgan is well-positioned to meet these needs and continue its legacy of excellence in asset management.