UPDATE: JP Morgan Chase Says One Equity Partners Will Become Independent

By: Benzinga
JPMorgan Chase (NYSE: JPM ) announced today that the partners of One Equity Partners (OEP), the firm's private equity unit, will begin to raise their next fund from an external group of limited partners and become independent from JPMorgan Chase. One Equity Partners currently manages approximately $4.5 billion of investments for JPMorgan Chase
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