JP Morgan to Spin Out One Equity Partners

June 21, 2013

On June 14, 2013, JP Morgan Chase & Co. (NYSE: JPM) announced that the bank plans to spin out its $4.5 billion private equity unit, One Equity Partners, which will become an independent firm.

On June 14, 2013, JP Morgan & Co. (NYSE: JPM) announced that its last remaining private equity unit, One Equity Partners, will begin to raise funds from external investors.  While the private equity unit will continue to make direct investments for JP Morgan for an interim period, it will become independent from the bank.  One Equity will continue to manage its existing group of portfolio companies for the bank.  One Equity Partners currently manages approximately $4.5 billion in direct private equity investments on behalf of JP Morgan.  One Equity is a global strategic investor and focuses on investments to help businesses grow, often through combinations.  One Equity typically acts as lead investor in $50 million to $250 million transactions. 

To read the press release, please click here.


Investment Manager M&A, Private Equity M&A, Transactions