JPMorgan Chase and Fortress Investment Group are among the latest firms to launch funds seeking to raise big money during the pandemic. The asset-management arm of JPMorgan Chase is looking to raise between $2 billions and $3 billion from institutional investors to take advantage of “dislocations” in the real estate market, according to Bloomberg. The vehicle will invest in bonds and loans connected to commercial real estate, with targeted net returns of 10 to 15
source https://therealdeal.com/2020/05/14/jpmorgan-fortress-are-the-latest-firms-to-build-up-war-chests/
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