• J.P. Morgan Asset Management’s Private Equity Group (PEG) closed its second dedicated co-investment fund, COIN II, at $1 billion, surpassing its $750 million target.
• Commitments include contributions from the PEG team itself.
• Stephen Catherwood, CFA, Co-Head of PEG, highlighted COIN II’s strong positioning for current market conditions and opportunities.
• PEG will continue leveraging its team’s experience and GP network to source attractive small and mid-market private companies with strong growth prospects.
• COIN II will be diversified by sector, region, and value creation strategy.
• PEG’s first co-investment fund, COIN I (launched in 2021), raised $667 million and is now fully committed across a diversified portfolio.
• PEG has over 40 years of private equity investing experience and manages $36 billion in assets for institutional and private wealth clients.
• PEG maintains strategic partnerships with 250+ private equity sponsors, supporting a strong co-investment sourcing pipeline.
• Investors can access PEG’s platform through various commingled strategies and tailored mandates.
