JPMorgan Private Markets Fund Added to Schwab Alts’ OneSource Platform
By Staff
J.P. Morgan Asset Management has announced that its JPMorgan Private Markets Fund, or JPMF, a non-diversified, closed-end private markets fund, has been added to the Schwab Alternative Investment OneSource platform.
The Schwab Alternative Investment OneSource platform provides investors with access to a diversified portfolio of non-listed alternative investments issued by well-known asset managers and offers streamlined execution and consolidated reporting with no annual custody fee.
“Investors are increasingly seeking access to private markets to find new sources of returns,” said Shawn Khazzam, head of private wealth alternatives for J.P. Morgan Asset Management. “By accessing JPMF, investors can gain entry to a diverse portfolio of small and mid-market companies through co-investments and secondaries – exposure that would typically be reserved only for institutional investors.”
According to J.P. Morgan, the JPMorgan Private Markets Fund employs cutting-edge investment strategies that adapt to changing market conditions, seeking resilience and growth and focused on delivering consistent long-term value.
This addition marks the second offering to be added to the Schwab Alternative Investment OneSource platform, with JPMorgan Real Estate Income Trust, a non-listed perpetual life real estate investment trust, having been added in 2024. As previously reported by AltsWire, the REIT recently acquired two multifamily assets for nearly $67 million.
J.P. Morgan Asset Management – with assets under management of $3.6 trillion as of Dec. 31, 2024 – supports clients with investment management, such as institutions, retail investors and high-net-worth individuals in every major market throughout the world.
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