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JPMorgan forms new unit to help companies tap into private capital

Crypto Briefing
JPMorgan established Private Capital Advisory and Solutions to advise companies on raising private funding.

Summary

JPMorgan Chase is creating a new hybrid unit within its investment bank called Private Capital Advisory and Solutions. This team will merge M&A advisory with capital markets expertise to assist companies in securing private funding from investors. The unit will offer guidance on various financing instruments, including early-stage equity, preferred stock, convertible bonds, and secondary funds. This strategic move reflects JPMorgan's recognition of a structural shift where private markets are growing faster than public markets, offering companies and investors more flexible capital-raising and deployment options outside of traditional IPOs.

(Source:Crypto Briefing)