JP Morgan Asset Management raises $787m

The New York asset manager has raised capital for its global co-investment vehicle.

Fund name: PEG Global Private Equity IX
Current size: $787.38 million
Launch date: December 2019

JP Morgan Asset Management has raised $787.38 million for PEG Global Private Equity IX, according to a Form D filed by the firm. Capital raised by the co-investment will be used to target diversified companies across the globe.

In 2019, the fund received a $20 million commitment from Cincinnati Retirement System.