JPMorgan appoints Stephanie Davis to lead private wealth alternatives

J.P. Morgan Asset Management has named Stephanie Davis arsenic caput of Private Wealth Alternatives, focusing connected enactment for fiscal advisors passim the US.

Davis joins from Hamilton Lane, wherever she co-led US Private Wealth Solutions.

She volition run retired of New York and study to Steve Lundquist, caput of US Advisor astatine J.P. Morgan Asset Management.

In her caller role, Davis volition oversee the firm’s backstage wealthiness alternatives business, including strategies for backstage markets aimed astatine fiscal advisors and their clients.

She is expected to play a relation successful processing caller offerings arsenic good arsenic expanding existing ones and volition besides beryllium progressive successful lawsuit acquisition related to backstage markets investments.

Stephanie Davis antecedently served arsenic managing manager and co-head of US Private Wealth Solutions astatine Hamilton Lane, wherever she was liable for the strategy and absorption of backstage marketplace offerings successful areas specified arsenic secondaries, co-investments, credit, infrastructure, and task capital.

Before Hamilton Lane, she headed superior enactment efforts astatine LL Funds (Ultra Capital).

Besides, J.P. Morgan Asset Management appointed Sean Flynn arsenic Private Wealth Alternatives National Manager.

Previously caput of alternate investments for J.P. Morgan’s US Wealth Management division, Flynn volition enactment intimately with Davis.

He is liable for managing a squad of field-based lawsuit advisors crossed the state who absorption connected alternate investments acquisition and engagement.

The radical plans to grow to 20 dedicated professionals by twelvemonth end, with the broader US Advisor organisation reaching a full of 350 staff.

Sean Flynn astir precocious managed alternate concern income for J.P. Morgan’s US Wealth Management clients and has acquisition starring alternate concern organisation and spouse relations astatine First Republic Investment Management.

In his existent position, helium oversees a squad focused connected expanding advisor adoption and lawsuit entree to alternate investments crossed the US

Lundquist said: "We are thrilled to invited Stephanie and Sean connected board. They are some proven leaders and volition play a captious relation successful our continued committedness to assistance amended fiscal advisors connected the rapidly evolving backstage markets space. Stephanie's and Sean's way records and heavy acquisition specialising successful serving this important lawsuit conception volition accelerate our momentum arsenic capitalist request for alternate investments continues to climb."

J.P. Morgan Asset Management reports implicit $600bn successful alternate assets crossed a scope of sectors, including existent estate, backstage equity, backstage credit, infrastructure, and others.