Key Takeaways
- • J.P. Morgan Asset Management has raised $1bn for its second co-investment fund, PEG Co-Investment Fund II, according to PEI Private Equity.
- • The fund will focus on the group's long-standing small- and middle-market buyout strategy.
- • The vehicle is a co-investment fund, giving limited partners exposure to individual deals alongside the firm's buyout investments.
- • The source article is a brief news item; detailed terms such as target size, fee structure, and closing timeline were not provided in the available reporting.
Summary
J.P. Morgan Asset Management has raised $1 billion for its second co-investment fund, PEG Co-Investment Fund II, according to a report by PEI Private Equity written by Iris Dorbian and published on 19 November 2025.
The fund will focus on the group's long-standing small- and middle-market buyout strategy. Co-investment vehicles of this type typically allow investors to take direct minority stakes in specific transactions alongside a general partner's primary buyout funds, and they have become a common tool for institutional allocators seeking deal exposure with reduced or no fee layering.
The available reporting is brief and does not disclose additional details on the fund's investor base, targeted returns, or deployment timeline. Readers seeking further information on the fund's structure or the composition of its limited partners should consult the original PEI Private Equity article or subsequent fund filings.
The fund will focus on the group's long-standing small- and middle-market buyout strategy. Co-investment vehicles of this type typically allow investors to take direct minority stakes in specific transactions alongside a general partner's primary buyout funds, and they have become a common tool for institutional allocators seeking deal exposure with reduced or no fee layering.
The available reporting is brief and does not disclose additional details on the fund's investor base, targeted returns, or deployment timeline. Readers seeking further information on the fund's structure or the composition of its limited partners should consult the original PEI Private Equity article or subsequent fund filings.
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