J.P. Morgan Fund Banking
Capital-call lines and fund banking from the largest U.S. bank.
Fund FinanceProgramGlobal
Target market
Private equity, venture and credit fund managers
Geography
Global
Overview
J.P. Morgan provides capital-call and subscription lines, bridge financing and leverage facilities to private funds through its fund banking business, and participates in NAV lending to sponsors. It expanded aggressively in fund finance after the 2023 regional-bank turmoil pushed sponsors toward the largest banks.
Key facts
- Fund banking spans subscription lines, bridges and leverage
- Active in NAV lending alongside sub-lines
- Grew fund-finance share after the 2023 regional-bank stress
- Headquartered in New York