J.P. Morgan Asset Management announced a new sustainability-focused growth private equity investment team. The team will launch its first private equity strategy focused on investing in growth-stage private companies that drive resource efficiency and climate adaptation solutions across a range of industries.
J.P. Morgan is anchoring the team's first investment strategy with an investment of up to $150 million, one of its largest capital commitments ever made into an alternative investment strategy. The new sustainable growth private equity team sits within J.P. Morgan Private Capital, a growth equity and private credit investment platform established to tap into the continued growth of private markets and significant pre-IPO value creation opportunities.
"As one of the world's largest asset managers, we are committed to playing a leading role in the transition to a low-carbon economy and are proud to be part of a firm that has established a 10-year, $2.5 trillion s