JPMorgan Expands Into Asia Pacific

Feb 20 2008 | 11:33am 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: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...