JPMorgan creates strategic financing solutions team within investment bank

JPMorgan Chase is consolidating its banking, markets, and sales divisions to create a new team that will focus on customized financing solutions for both public and private markets.

The new team will prioritize structured private financing instruments, targeting areas such as infrastructure finance, asset-backed securities, direct lending, and merchant banking.

Warfield Price and Masi Yamada are leading this initiative, reporting to senior executives Kevin Foley and Brad Tully, highlighting the bank's strategic approach to complex financing needs.

Co-heads Doug Petno and Troy Rohrbaugh noted in a memo that as financing requirements grow more complex, investors are increasingly looking for exposure to new markets.

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JPMorgan Chase (NYSE: JPM) is consolidating its banking, markets, and sales divisions to establish a new team focused on tailor-made financing solutions for both public and private markets, as reported by Bloomberg on Monday.

This new strategic financing solutions team will initially prioritize structured private financing instruments, along with deals in infrastructure finance, asset-backed securities, direct lending, and merchant banking.

Leading this initiative are Warfield Price, the head of general industries leveraged finance, and Masi Yamada, the global chief of corporate structuring. They will report to Kevin Foley, the global head of capital markets, and Brad Tully, who oversees private-side sales and corporate derivatives.

In a memo highlighted by Bloomberg, Doug Petno and Troy Rohrbaugh, co-heads of the commercial and investment bank, emphasized that "financing needs are becoming increasingly complex while investors are seeking exposure to new markets."