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 1.25billiontargetat1.25 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 ...