J.P. Morgan Asset Management’s Private Equity Group (“PEG”) announces the closing of its 12th flagship fund, PEG Global Private Equity XII (“GPE XII”). GPE XII closed above its $1.25 billion target at $1.44 billion. The fund will be globally diversified across buyout and early-stage venture capital strategies through primary investments, secondaries, and co-investments. The Group’s prior flagship fund, PEG Global Private Equity XI, closed at $1.28 billion in 2024. J.P. Morgan Asset Management’s Private Equity Group is a longstanding investor with over four decades of experience, managing $36 billion in assets on behalf of global institutional and private wealth clients.
Read the full article: J.P. Morgan Asset Management’s Private Equity Group Closes Global Private Equity Fund XII Above Target at $1.4B //
Source: https://www.prnewswire.com/news-releases/jp-morgan-asset-managements-private-equity-group-closes-global-private-equity-fund-xii-above-target-at-1-4-billion-302643231.html