JPMorgan Chase & Co. - JPM STOCK NEWS

J.P. Morgan Growth Equity Partners has successfully closed its inaugural Growth Equity Fund, securing over $1 billion in capital commitments. The Fund received support from a diverse range of institutions, family offices, and individual investors from the Americas, Europe, and Asia. More than 80% of the capital is available for new investments in growth stage companies, particularly in software, fintech, real estate, and consumer technology. Managing Partner Christopher Dawe emphasized that the fundraising success occurred despite a challenging market environment. The Fund aims to assist portfolio companies in scaling and has already invested in notable names such as Plaid and Airtable. J.P. Morgan’s extensive resources are expected to benefit portfolio companies significantly.

JPMorgan Chase & Co. (NYSE: JPM) has announced the declaration of dividends on its Series DD, EE, GG, JJ, KK, LL, and MM preferred stock. As of March 31, 2023, the firm reported assets amounting to $3.7 trillion and stockholders' equity of $303 billion. The company is a prominent player in investment banking and financial services, catering to millions of consumers and many global corporate and institutional clients. Further details can be found on their Investor Relations website.

JPMorgan Chase & Co. (NYSE: JPM) has announced its financial results for the first quarter of 2023. As of March 31, 2023, the firm reported total assets of $3.7 trillion and stockholders’ equity of $303 billion. The firm continues to be a leader in various financial services including investment banking, commercial banking, and asset management. The detailed results can be accessed on the firm’s Investor Relations website.

JPMorgan Chase & Co. (NYSE: JPM) has published its 2022 Annual Report, now accessible on its Investor Relations website. As of December 31, 2022, the firm reported $3.7 trillion in assets and $292 billion in stockholders’ equity. JPMorgan Chase is a leader in various financial sectors including investment banking and asset management, serving millions of customers and prominent global clients. The Annual Report includes letters from key executives, detailing the firm’s performance and strategic direction.

J.P. Morgan Private Capital has appointed Alex Bell as a Partner in its Sustainable Growth Equity platform, focusing on climate solutions. With nearly two decades of experience in private equity, Bell previously led North America Climate Private Equity at Tikehau Capital and contributed to a C$500 million investment platform at CDPQ. J.P. Morgan aims to leverage Bell's expertise to capitalize on the decarbonization opportunities in heavy industries. The firm has committed up to $150 million to its first sustainability investment strategy, aligning with its goal of targeting over $2.5 trillion in sustainable investments over the next decade.

J.P. Morgan Wealth Management has been awarded the Best Personal Finance Product in the 2023 FinTech Breakthrough Awards for its Wealth Plan, launched in December 2022. This free tool, accessible via the Chase Mobile app and Chase.com, aims to assist 54 million Chase customers in making informed financial decisions. Users can set goals and receive personalized guidance while viewing accounts from other banks. The platform saw millions of engagements in its initial months and has been lauded for its customer satisfaction, ranking #1 in a recent J.D. Power study. Despite its benefits, projections provided are hypothetical and do not guarantee future results.

J.P. Morgan (NYSE: JPM) has finalized an agreement to acquire Aumni, an investment analytics software provider for the venture capital sector. The transaction details are undisclosed, with completion expected in H1 2023. Founded in 2018, Aumni has analyzed over $600 billion in investments across 17,000 private companies, serving over 300 institutions. This acquisition aims to enhance J.P. Morgan's offerings in private markets, complementing services like Capital Connect and broadening digital solutions for investors. Both companies anticipate synergies that improve transparency and liquidity in private markets.

The Board of Directors of JPMorgan Chase (NYSE: JPM) declared a quarterly dividend on its common stock. As of December 31, 2022, JPMorgan Chase had $3.7 trillion in assets and $292 billion in stockholders’ equity, reinforcing its status as a leading financial services firm globally. The firm operates in various sectors, including investment banking and asset management, serving millions of customers in the U.S. and internationally. For the latest information, visit jpmorganchase.com/ir/news.