JPMorgan Chase creates a new banking team focusing on customized financing

The business will initially focus on structured private solutions, infrastructure financing, strategic asset-supported securities financing and direct loans.

Doug Petno and Troy Rohrbaugh, co-heads of business and investment banks, wrote in the memo that financing needs are becoming increasingly complex and investors are seeking to enter new markets. The team will focus on providing alternative solutions to corporate and sponsor customers.

This move aims to seize opportunities for integration between the open and private markets, as more and more companies choose to remain privatized longer and customer needs are becoming increasingly complex.

Warfield Price, general industrial leveraged financing director, and Masi Yamada, global director of the company's structure, will lead the team together based on existing positions.

(Bloomberg) JPMorgan has created a new division under commercial and investment banking, focusing on customized financing structures in both public and private markets.

According to an internal memorandum released on Monday (July 14), the business, called "Strategic Financing Solutions", will be a matching collaboration between banks, marketing and sales departments.