JPMorgan Chase is winding down Brysam Global Partners,  a $600m-plus private equity fund launched in 2007 with its funds by former Citigroup executives Robert Willumstad and Marjorie Magner. The likely closure is a sign the crisis is forcing banks to be more conservative with their capital.

Copyright The Financial Times Limited 2024. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Follow the topics in this article

Comments

Comments have not been enabled for this article.