The private equity group (PEG) of J.P. Morgan Asset Management has launched JPMorgan Private Markets Fund (JPMF), a 1940 Act–registered, evergreen private equity fund.
JPMF is designed to provide access to private equity investments for qualified and accredited individual and institutional clients. JPMF’s features include a $25,000 investment minimum, no capital calls, simplified tax reporting and potential for quarterly liquidity. JPMF is currently available on select private bank and custodial platforms and will expand availability in 2024.
JPMF provides individual and institutional investors with the ability to access PEG’s decades of investment experience, including a senior team that has worked together for 23 years. PEG manages $30 billion in AUM globally, and JPMF combines J.P. Morgan Asset Management’s deep private market expertise with its long and successful track record managing 1940 Act funds for financial advisers.
“The launch of JPMF alig