JPMorgan Nears Private Debt Tie-Ups With FS Investments, Octagon

 

• Partnerships would allow bank to grow private credit footprint
• Bank has been seeking commitments to fund private loans

JPMorgan Chase & Co. is in advanced discussions to partner with FS Investments and Octagon Credit Investors to expand its reach in the $1.7 trillion private credit market, according to people with knowledge of the matter.

Talks are ongoing and the terms of potential tie-ups may still change, said the people, who asked not to be identified because the conversations are private.

https://www.bloomberg.com/news/articles/2024-02-29/jpmorgan-nears-private-credit-partnerships-with-fs-investments-octagon