J.P. Morgan Asset Management's Private Equity Group Closes Global Private Equity Fund XII Above Target at $1.4 Billion

The fund will focus on the small and mid-market, granting investors access to top-tier GPs thNEW YORK, Dec. 16, 2025 /PRNewswire/ -- J.P. Morgan Asset Management's Private Equity Group ("PEG") today announced the closing of its 12 flagship fund, PEG Global Private Equity XII ("GPE XII"). GPE XII closed above its $1.25 billion target at $1.44 billion. "We are pleased to announce the close of PEG Global Private Equity XII, reflecting strong investor demand for our flagship small and mid-market strategy," sai ...