JPMorgan seeks $1 billion for mezzanine debt fund - Bloomberg
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(Reuters) - JPMorgan Chase & Co is raising money for a mezzanine fund through its asset- and wealth-management arm, Bloomberg reported on Monday citing people familiar with the matter.The firm is planning to raise as much as $1 billion (779 million pounds) from investors for a fund that would focus on providing financing to companies using a hybrid of equity and debt, the report said. (https://bloom.bg/38j74jz)The Wall Street bank has already raised a significant portion of its target, the..