JP Morgan’s Private Equity Group Closes PEG Global Private Equity XII (GPE XII), above its $1.25bn target at $1.44bn.
JP Morgan Asset Management’s Private Equity Group (PEG) has closed its 12th flagship fund, PEG Global Private Equity XII (GPE XII), above its $1.25bn target at $1.44bn. The fund will make primary, secondary and co-investments in buyout and early-stage VC strategies.
The group’s prior flagship fund, PEG Global Private Equity XI, closed at $1.28bn in 2024.