JPMorgan Expands Into Asia Pacific

Feb 20 2008 | 10:33am ET

JPMorgan Asia Pacific today announced a major expansion in private equity investment as part of its regional growth strategy.

The firm is committing an initial US$750 million to mid-market buyout investment opportunities in Asia Pacific.

The expansion will be headed by Varun Bery and John Troy, co-founders of TVG Capital Partners, who will both join JPMorgan as managing directors where they will lead a team with a broad investment mandate focused on non-controlling investments. The team will be the Asian arm of JPMorgan's private equity business, which is headed by Bob Case in New York.

Gaby Abdelnour, chairman and CEO of JPMorgan Asia Pacific, said: “This investment is part of our intensified growth strategy in Asia Pacific. It offers JPMorgan huge potential in the private equity market by allowing us to rapidly accelerate expansion and seize growth opportunities.”


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...