J.P. Morgan Growth Equity Partners racks up over $1bn for maiden fund

The fund's limited partners include a broad set of institutions, family offices and individual investors across the Americas, Europe and Asia as well as J.P. Morgan.

  • Growth Equity Fund will invest in companies ranging from Series B to pre-IPO stage across software, fintech, real estate and consumer technology sectors
  • So far, the fund has more than 80 percent of its capital commitments available to deploy in new investment opportunities and to help existing portfolio companies scale
  • J.P. Morgan Growth Equity Partners is J.P. Morgan Private Capital’s technology focused late-stage venture and growth equity investment arm

J.P. Morgan Growth Equity Partners has closed its debut growth equity fund at over $1 billion.

The fund’s limited partners include a broad set of institutions, family offices and individual investors across the Americas, Europe and Asia as well as J.P. Morgan.

Growth Equity Fund will invest in companies ranging from Series B to pre-IPO stage across software, fintech, real estate and consumer technology sectors.

So far, the fund has more than 80 percent of its capital commitments available to deploy in new investment opportunities and to help existing portfolio companies scale.

“We are pleased to have raised in excess of $1 billion for our inaugural fund, particularly in a challenging market environment where only two venture funds over $1 billion were raised last quarter1,” said Christopher Dawe, managing partner of the fund, in a statement. “J.P. Morgan Growth Equity Partners is well positioned to take advantage of the attractive investment opportunities in the current environment.”

J.P. Morgan Growth Equity Partners is J.P. Morgan Private Capital’s technology focused late-stage venture and growth equity investment arm.