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J.P. Morgan AM doubles down on private investments within alternatives franchise

J.P. Morgan Asset Management named a string of high-profile hires to a new private investments unit, as the stratospheric rise in valuations at high-growth investments is stoking interest from U/HNWI and family offices. The asset management unit of America’s largest bank by assets said it is launching J.P. Morgan Private Capital, led by Brian Carlin, former CEO of Wealth Management…

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