JPMorgan Chase Establishes a New Unit for Strategic Financial Solutions
JPMorgan Chase Announces New Strategic Financing Solutions Division
JPMorgan Chase has announced the launch of a new division, Strategic Financing Solutions, within its commercial and investment banking sector. The division, which will report to Kevin Foley, global head of capital markets, and Brad Tully, global head of private side sales and corporate derivatives, is aimed at delivering tailored, customized financing options to meet the unique needs of clients across both the public and private sectors.
The focus areas of this division include customized financing structures, supporting economic growth in diverse and midsize markets, integrating with broader investment banking services, and driving business growth and succession planning. The new division will offer bespoke loan packages, bonds, and capital solutions designed to fit the distinct risk profiles and growth ambitions of corporate and institutional clients.
One example of this trend is 3G Capital's intended acquisition of Skechers USA, for which JPMorgan provided advisory services in a $9.4bn take-private transaction. The new division will also encompass JPMorgan's direct-lending operations, for which the bank allocated an additional $50bn earlier this year.
The new division will concentrate on structured private solutions, infrastructure finance, strategic asset-backed securities finance, merchant banking, and direct lending. Since 2021, JPMorgan Chase has deployed over $10bn across 100 transactions in its direct-lending operations. The aim is to deliver alternative solutions to corporate and sponsor clients due to the increasing complexity of financing needs and the desire for exposure to new markets.
The move is intended to capitalize on the merging of public and private markets, particularly as more US firms opt to remain private for extended periods. The initiative will involve a collaborative effort among banking, markets, and sales teams. Warfield Price and Masi Yamada will jointly oversee the new group while maintaining their existing responsibilities.
Recently, JPMorgan Chase appointed David Frame as the global CEO of its private bank. He previously served as the CEO of the US private bank. The new division will focus on tailored financing solutions across both public and private markets, with Doug Petno and Troy Rohrbaugh, co-heads of the commercial and investment bank, overseeing the new division.
This initiative fits within JPMorgan’s broader strategic vision of embedding innovation and tailored financial solutions throughout its offerings, reinforcing its position as a leader in comprehensive financial services for corporations, institutions, and public entities. The new division is dedicated to creating innovative, client-specific financing strategies that drive sustainable growth, enable capital access for underserved business segments, and integrate seamlessly with JPMorgan’s comprehensive investment banking services to fuel success across the commercial and investment banking landscape.
- JPMorgan Chase's new Strategic Financing Solutions division will integrate AI and private markets, offering customized financing options to businesses for investment and growth.
- In addition to traditional loan packages and bonds, the new division will provide alternative solutions such as structured private solutions, infrastructure finance, and asset-backed securities finance, catering to the distinct needs of corporate and institutional clients.
- The division aims to capitalize on the merging of public and private markets, providing innovative financing strategies that drive sustainable growth, enable capital access for underserved business segments, and integrate seamlessly with JPMorgan’s comprehensive investment banking services.
