J.P. Morgan Asset Management Welcomes Josh Myerberg as Head of Real Estate Americas Portfolio Strategy

Core Insights - J.P. Morgan Asset Management has appointed Josh Myerberg as Managing Director and Head of Portfolio Strategy for Core and Core Plus Real Estate Americas, indicating a strategic move to enhance its real estate business [1][2] - Myerberg brings over two decades of experience, previously serving as CIO and Deputy Portfolio Manager at Morgan Stanley, where he managed the firm's largest core real estate fund [2][3] - J.P. Morgan's real estate franchise is positioned for growth, with a current asset value of $90 billion and a team of over 300 investment professionals globally [3][4] Company Overview - J.P. Morgan Asset Management has over 60 years of experience in managing alternative investments, including real estate, with more than$400 billion in alternative assets under management as of June 30, 2024 [4] - The firm manages over $89 billion in real estate assets globally and has a total of$3.3 trillion in assets under management [4] - JPMorgan Chase & Co. is a leading financial services firm with $4.1 trillion in assets and$341 billion in stockholders' equity as of June 30, 2024, serving a wide range of clients globally [5]