JPMorgan (JPM) Close to Forming Private Credit Partnership
JPMJP MORGAN CHASE(JPM) Zacks Investment Research·2024-03-01 02:36

As part of its efforts to tap into the $1.7-trillion private credit markets, JPMorgan (JPM) is close to finalizing a partnership with FS Investments and Octagon Credit Investors. The move is expected to help JPM diversify its investment solutions and enhance offerings in the rapidly growing private credit space.According to people with knowledge of the matter, the talks are ongoing and the terms of a potential tie-up may be modified.Given that the private credit space has been eating into the market share o ...