JPMorgan Enters Collaborations to Broaden Reach in Private Credit

Continuing with its efforts to boost reach in the $1.7-trillion private credit markets, JPMorgan (JPM) has agreed to partner with Cliffwater, FS Investments and Shenkman Capital Management Inc. The news was reported by Bloomberg first, citing people with knowledge of the matter.Now, JPM will originate loans and invest in them alongside the direct lenders, who can only decline to participate in a handful of transactions over a pre-determined period.JPM’s Continued Efforts to Tap Into Private Credit MarketGiv ...