JPMorgan Chase JPM announced today that the partners of One Equity
Partners (OEP), the firm's private equity unit, will begin to raise their next
fund from an external group of limited partners and become independent from
JPMorgan Chase. One Equity Partners currently manages approximately $4.5
billion of investments for JPMorgan Chase in direct private equity
transactions and has produced strong returns over the last twelve years.
OEP will continue to make direct investments for JPMorgan Chase for an interim
period. OEP will still manage the existing group of portfolio companies for
JPMorgan Chase to maximize value for the firm.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in