JPMorgan's PricingDirect and Alumni team up to provide independent valuations for private equity securities

From Investing.com: 2024-12-10 07:05:58

JPMorgan & Chase’s subsidiaries, PricingDirect and Alumni, are partnering to offer independent valuations of private equity securities. The partnership aims to assist investors in complying with regulatory standards, such as ASC 820 and SEC’s Rule 2a-5. The bank has allocated $10 billion for private credit, showing its growing ambition in the sector.



Read more at Investing.com: JPMorgan-owned PricingDirect, Alumni join hands to provide independent valuations for PE securities By Reuters