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JPMorgan Chase & Co. (NYSE:JPM) is ramping up its strategy to funnel “tens of billions” into loans originated by its commercial banking arm.
Executives George Gatch and Bob Michele said the firm is in talks with institutional investors to raise capital and has already secured some commitments, according to Bloomberg News.
The move comes as the private credit sector faces pressure, with investor concerns over defaults, elevated rates, and AI-driven disruption—particularly in software—driving a rise in redemption requests.
Morgan Stanley (NYSE:MS), Blackstone (NYSE:BX), Apollo Global (NYSE:
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