JPMorgan Asset Management Expands Wealth Channel Offerings

November 7th, 2023, 10:40 AM

JPMorgan Asset Management has focused on expanding its presence in the alternative investment space for the past two years, according to a recent article in WealthManagement.com.

Recently, the company introduced the JPMorgan Private Markets Fund, an evergreen private equity fund registered under the 1940 Act. This fund is designed to provide access to private equity investments for qualified individual and institutional clients, featuring a $25,000 investment minimum, no capital calls, simplified tax reporting, and the potential for quarterly liquidity. Initially available on select private bank and custodial platforms, its accessibility will expand in 2024.

Shawn Khazzam, the head of private wealth alternatives at JPMorgan Asset Management, expressed the firm's commitment to providing alternative investments to individual investors and advisors regardless of their net worth. 

Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.

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Blog

JPMorgan Asset Management Expands Wealth Channel Offerings

November 7th, 2023, 10:40 AM

JPMorgan Asset Management has focused on expanding its presence in the alternative investment space for the past two years, according to a recent article in WealthManagement.com.

Recently, the company introduced the JPMorgan Private Markets Fund, an evergreen private equity fund registered under the 1940 Act. This fund is designed to provide access to private equity investments for qualified individual and institutional clients, featuring a $25,000 investment minimum, no capital calls, simplified tax reporting, and the potential for quarterly liquidity. Initially available on select private bank and custodial platforms, its accessibility will expand in 2024.

Shawn Khazzam, the head of private wealth alternatives at JPMorgan Asset Management, expressed the firm's commitment to providing alternative investments to individual investors and advisors regardless of their net worth. 

Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.

Return to All