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Bear Stearns Private Equity becomes J.P. Morgan Private Equity

08/09/2008Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityJPMorgan Asset Management has announced that shareholders of London-listed Bear Stearns Private Equity have approved the name change to J.P. Morgan Private Equity.

Both the manager and the team currently running the company, led by Gregory Getschow and Troy Duncan, will continue to be responsible for all of the company's investment decisions and its other day-to-day activities, according to a statement.

Getschow said, 'The name change reflects our association with the JPMorgan brand and we believe that this is an extremely positive event for JPEL as the company enters its fourth fiscal year. We look forward to continuing to produce superior risk adjusted returns for our shareholders as part of JPMorgan Asset Management.'

J.P. Morgan Private Equity invests in private equity assets through secondary purchases and direct investments in Europe, North America and Asia.

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