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

Wednesday 9 April 2025 at 06:03

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.