JPMorgan Chase has formed a new advisory group focused on helping companies and sponsors raise capital from private markets, as the bank looks to deepen its presence in the rapidly expanding alternatives space according to a report by Reuters.
The new unit, named private capital advisory & solutions, is going to be led by Keith Canton, who previously headed JPMorgan’s Americas equity capital markets division. The group brings together the bank’s private capital advisory and M&A capabilities.
The move comes as high-growth companies increasingly remain private for longer, driving demand for capital outside public markets. JPMorgan says private markets are becoming a core strategic priority as their scale and complexity continue to reshape global capital formation.
Tilman Pohlhausen, who in recent years has led the private capital advisory business, will oversee the activity globally and report to Canton. JPMorgan ranks as the world’s top investment bank by fees in 2025, according to Dealogic data.