J.P. Morgan Names The Head of its New Private Capital Unit

George PaulPeople on the Move
JPMorgan Chase

Source: JPMorgan Chase

J.P. Morgan Asset Management, a unit within JPMorgan Chase, has revealed J.P. Morgan Private Capital, as well as its a new leadership team to support it.

The unit, which includes a new growth equity investment arm and an existing private debt business, will focus on institutional and high-net-worth clients and be able to invest the firm's capital alongside investors.

Leading this new endeavor is CEO Brian Carlin, J.P. Morgan’s former CEO of Wealth Management Solutions, along with Rick Smith, former Head of Private Investments at JPMorgan Chase, who will serve as Chairman of the group. Additionally, the company has appointed Meg McClellan to serve as the Head of Private Debt.

To help fill out its ranks, J.P. Morgan Asset Management has made some new hires as well, including Christopher Dawe from Goldman Sachs as Global Head of Growth Equity and Osei Van Horne from Wells Fargo as Global Head of Sustainable Growth Equity Investing.

J.P. Morgan’s Private Capital unit is designed to handle an increase in client demand for alternative asset classes. In a press release, Carlin added that, "Growth equity and private debt are among the fastest-growing asset classes in the alternatives industry, with strong demand from both individual and institutional investors to look beyond public markets.”

In a press release, the company added that "As companies elect to remain private longer, many seek partners who can add significant value in addition to flexible capital solutions, and J.P. Morgan Private Capital will be well positioned as a preferred global partner for these firms."


The Org is a professional community where transparent companies can show off their team to the world. Join your company here to add yourself to the org chart!

By clicking "Continue" or continuing to use our site, you acknowledge that you accept our Privacy Policy and Terms of Use. We also use cookies to provide you with the best possible experience on our website.