JPMorgan Chase & Co. has appointed global co-heads of mergers and acquisitions for its team catering to large private equity firms and other financial investors.
Haidee Lee and Carsten Woehrn will co-lead M&A for the bank’s strategic investor group, according to an internal memo seen by Bloomberg News. The group, which has about 20 bankers, has executed more than 200 deals for buyout firms, infrastructure funds, sovereign wealth funds, alternative asset managers and others.
JPMorgan recently named Woehrn, who joined the bank in 2000, as the co-head of its M&A business in Europe, the Middle East and Africa, following a reshuffle of its leadership in the region. Lee joined the bank in 2021 to lead sponsor M&A business for North America.
Woehrn and Lee will report to Anu Aiyengar, JPMorgan’s global head of mergers and acquisitions, according to the memo. A representative for JPMorgan confirmed the contents of the memo.
Private equity deal activity, which has been hard hit this year by higher interest rates and valuation concerns, is showing signs of recovering as firms slowly begin to deploy their record levels of capital. CVC Capital Partners is in the early stages of considering a potential bid for European payments firm Nexi SpA, Bloomberg News reported last week. Meanwhile, Blackstone Inc. and Permira are weighing a takeover of classifieds company Adevinta AS in what would be one of the year’s biggest buyouts.
Greg Abel's first major deal signals that Berkshire's acquisition machine is back – and housing is the opening move.
The firm's new retirement plan offering gives financial advisors direct access to workplace plan assets via self-directed brokerage accounts.
New law halts creditors from pursuing debts accumulated through fraud, force, or intimidation against vulnerable people.
As advisors focus more on after-tax outcomes, tax efficiency is evolving from a year-end exercise into a year-round investment discipline.
Zocks has inked an exclusive partnership with mega-RIA Hightower, while Jump becomes the choice AI operating system for Equitable Advisors' field force.
As $84 trillion prepares to change hands, advisors who treat estate planning as peripheral are quietly building a sieve, not a book.
In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.
