Investment Banking

JPMorgan ‘beefing up’ private equity banking team ahead of long-term deal boom

The US bank is hiring bankers before an expected uptick in deal activity from private equity and infrastructure clients over the next five years

JPMorgan is looking to bolster its coverage of private equity firms in a global push
JPMorgan is looking to bolster its coverage of private equity firms in a global push Photo: Leon Neal/Getty Images

JPMorgan is making a fresh push to gain more work from private equity and infrastructure firms as the Wall Street bank makes a long-term bet on growth in a tough dealmaking market. 

The US bank is hiring dealmakers and expanding its coverage of the infrastructure sector, which it sees as a key driver of fee growth in the coming years, according to Guillermo Baygual, who co-heads its infrastructure and strategic investors group alongside New York-based Avery Whidden.

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