JPMorgan Reaches New Heights With Fund –

JPMorgan Partners can finally put its feet up and rest during this holiday season, after holding the final close for its J.P. Morgan Partners Global Investors LP fund the day before Thanksgiving. At roughly $8 billion, the fund now stands as the largest ever in private equity, surpassing The Blackstone Group’s $6.45 billion fund, which closed in the third quarter of this year.

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