JPMorgan Private Markets Fund is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940. Managed by J.P. Morgan Investment Management Inc., the Fund aims to provide long-term capital appreciation through an actively managed portfolio of private market investments. It primarily invests in private equity and venture capital strategies through secondary transactions, co-investments, and primary commitments to newly formed private equity funds. To enhance liquidity, the Fund also allocates a portion of its assets to private credit investments and short-term liquid assets. The Fund offers Class S, Class D, and Class I shares, each with distinct fee structures. Shares are offered monthly at net asset value, and shareholders do not have the right to redeem shares on demand.
News and Notices
J.P. Morgan Asset Management
2023
'40 Act
Tender Offer CEF
USD
Quarterly
Monthly
1.00%
March 31
News and Notices
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Portfolio Holdings
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Secondary Pricing
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Returns
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Operating Metrics
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Notices
Date
Time (ET)
Notice Type
Source
Notice
Apr 18, 2024
17:44
Performance, Redemptions
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JPMorgan Private Markets Fund reported final tender results: 1,804,461.946 Class I shares and 411,415.490 Class S shares were tendered and fully accepted and paid, with June 30, 2026 net asset values of $19.00 and $15.15, respectively.
Sep 14, 2024
10:56
Redemptions
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JPMorgan Private Markets Fund launched a tender offer to repurchase up to 5.00% of net assets, or $97.8 million. Investors must tender by September 14, 2026; at least 95% cash payment is due within 65 days after the deadline.
Mar 10, 2024
18:41
Ownership
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J.P. Morgan Investment Management, Investment Adviser to JPMorgan Private Markets Fund, sold 1.3 million Class I Common Shares at $18.997 per share on August 6, 2026. Its direct ownership decreased to 592,835 shares.
Jun 06, 2024
17:00
Compliance
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JPMorgan Private Markets Fund reported its 2026 annual proxy voting notice report for the year ended June 30, 2026, with no other included managers or series.
May 04, 2024
17:27
Compliance
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JPMorgan Private Markets Fund increased financial institution fidelity insurance limits from $2.55 million to $3.3 million for the 2026–2027 policy period, with a $6,598 premium. Coverage applies to crime-related loss categories, with no deductible for dishonesty and $10,000 deductibles for most other categories.
Jan 29, 2026
17:00
Marketing Materials, Redemptions, Subscriptions
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JPMorgan Private Markets Fund updated its prospectus for a continuous Class S, Class D and Class I share offering at net asset value. Qualified clients may subscribe monthly, with discretionary quarterly repurchases capped at 5% of net assets.
Dec 28, 2025
15:58
Redemptions
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JPMorgan Private Markets Fund’s final amendment reports that its tender offer expired on March 17, 2026, and that it accepted and paid 100% of the validly tendered Shares. Investors tendered 2.37 million Class I Shares, 660,083 Class S Shares, and 11,290 Class D Shares at NAVs of $17.9457, $14.3375, and $13.3159, respectively.
Sep 15, 2023
10:51
Redemptions
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JPMorgan Private Markets Fund is offering to repurchase up to approximately 5% of net assets, with March 31, 2026 net assets of $1.63 billion, and the offer expires June 15, 2026 unless extended. Shareholders whose Shares are accepted will receive cash at NAV, subject to a possible 2% early repurchase fee and a potential 5% holdback until audit completion.
Jan 05, 2025
11:16
Other
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JPMorgan Private Markets Fund received exemptive relief allowing certain registered closed-end management investment companies and business development companies to co-invest in portfolio companies with each other and with affiliated investment entities. The relief is effective immediately, subject to the conditions in the application, as amended.
Feb 13, 2024
17:01
Compliance, Personnel
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JPMorgan Private Markets Fund confirmed Ashmi Mehrotra is Principal Executive Officer and Christopher Clienti is Principal Financial Officer. Future certifications and reports will add those titles and required segment reporting disclosures.
Preview
News
New Entrants
Private Equity
Asia-Pacific
J.P. Morgan AM launches first in a series of evergreen funds in Australia
Aug 20, 2026
The JPMorgan Private Markets Fund targets small and mid-market opportunities through secondary and co-investment transactions.
Videos & Podcasts
Contributors
Private Equity
Tyler Jayroe (J.P.Morgan) on the case for small & mid-market private equity
Aug 4, 2026
In this Capital Connect podcast episode, Host Ben Haber discusses JPMorgan's private equity business, its expansion into the wealth channel, and evergreen fund structure choices.
Tender Offer CE Funds
Private Equity
North America
'40 Act in Focus: JPMorgan Private Markets Fund
Jun 26, 2026
We examine the capital flows, investment activity, and performance of thesecondaries-focusedtender offer fund, leveragingEvergreenLinkData.
Managers
'40 Act in Focus: JPMorgan Private Markets Fund
Jun 20, 2025
SecondaryLink outlines JPMF's returns, NAV evolution, Q1 secondaries investments, and portfolio composition as of March.
Managers
'40 Act in Focus: JPMorgan Private Markets Fund
Mar 4, 2025
SecondaryLink outlines JPMF's share class returns, NAV evolution, Q4 secondary investments, portfolio composition, and fee structure.
Managers
'40 Act in Focus: JPMorgan Private Markets Fund
Dec 12, 2024
SecondaryLink outlines the JPMF's Q3 secondary investments, pricing, NAV performance, and structure.
Returns & Performance
Research & Stats
Returns Revealed: Evergreen funds
Aug 6, 2024
Seven '40 act funds that invest in secondaries were evaluated, outlining each of their one-year, since-inception, and weighted average returns across share classes.
Investments
Managers
Private Equity
JPMorgan Private Markets Fund makes its largest secondary purchase
Jul 4, 2024
The fund's secondary investments stood at $116 million as of March 31, 2024, representing ~41% of its net assets.
JPMorgan Private Markets Fund
J.P. Morgan Asset Management is responsible for managing JPMorgan Private Markets Fund.
JPMorgan Private Markets Fund launched in 2023.
JPMorgan Private Markets Fund is registered as a '40 Act fund.
JPMorgan Private Markets Fund is structured as a Tender Offer CEF fund.
You can invest in JPMorgan Private Markets Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in JPMorgan Private Markets Fund monthly, subject to eligibility and fund subscription deadlines.
You can redeem shares of JPMorgan Private Markets Fund quarterly, subject to redemption limits and notice requirements.
Shares of JPMorgan Private Markets Fund can be purchased in USD.
JPMorgan Private Markets Fund's fiscal year end is March 31.
JPMorgan Private Markets Fund's net asset value was $1,996.4 million and its portfolio had a fair value of $2,036.4 million as of June 30, 2026.
Among other deal types, JPMorgan Private Markets Fund primarily makes Secondary (non-CV) Investments.
Among other asset classes, JPMorgan Private Markets Fund primarily invests in LBO.
Among other regions, JPMorgan Private Markets Fund primarily invests in the USA.
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