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Private Equity

J.P. Morgan Asset Management Raises $480M For Second Maritime Fund

by pehub.com posted 1year ago 550 views
J.P. Morgan Asset Management has closed its second maritime fund at $480 million. The limited partners of Global Maritime Investment Fund II include pension plans, insurance companies, endowments and healthcare organizations. The pool will invest in vessels in distressed shipping sectors. So far, the fund has deployed $312 million of its capital via the acquisition of 14 assets.