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Listed JPMorgan Secondary P.E. Fund Plans Share Sale

JPMorgan Chase’s listed private equity fund plans to raise £40 million (US$65.8 million) with a new share offer.

JPMorgan Private Equity, which is listed on the London Stock Exchange, will sell new zero-dividend preference shares to raise the new money. According to AltAssets, the share sale will finance new investments sparked by an increasing number of secondary-market opportunities.

JPMorgan Private Equity invests in secondary portfolios of direct p.e. investments and significantly-invested limited partner interests.


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