J.P. Morgan Private Equity
Delivering on strategy and improving performance
28 April 2015
J.P. Morgan Private Equity (JPEL) seeks to achieve capital appreciation by investing in a diversified portfolio of private equity investments. The company is making good progress in implementing a strategic initiative to release value for shareholders; this includes recycling up to $150m of fund distributions into more focused investments and the planned option of a realisation share class to provide medium-term liquidity. A marked strengthening of NAV performance over the last year and greater portfolio concentration points to a narrower discount and increases the likelihood of investors opting to hold onto the ordinary shares. MORE »