JPMorgan sets up dedicated private capital advisory unit

Core Viewpoint - JPMorgan Chase has established a new advisory unit, Private Capital Advisory & Solutions (PCAS), to assist corporate and sponsor clients in raising funds in private markets [1][2] Group 1: Structure and Leadership - PCAS aims to serve as a "centre of excellence" for equity strategies and advisory services in private markets [1] - The unit will be globally led by Keith Canton, who has been with JPMorgan since 2015 and previously headed the Americas Equity Capital Markets team [3] - Tilman Pohlhausen will supervise the private capital advisory business globally and report to Canton [4] Group 2: Strategic Focus and Offerings - PCAS will provide "differentiated, product-agnostic solutions" with capabilities in structuring, pricing, and distribution for private capital transactions [2] - The initiative is a strategic priority for JPMorgan as clients face complex capital needs requiring innovative solutions [2] - Collaboration across various teams, including Coverage, M&A, and ECM, will be essential for the success of PCAS [5]