JPMorgan Chase (JPM - Cramer’s Take - Stockpickr) announced Monday a major offensive in the Private Equity in Asia, investment, say, it is first obliged, at least $ 750 million in equity for the effort.
The expansion, under the direction of John Varun Bery and Troy, co-founder of TVG Capital Partners, who was managing director of JPMorgan. Your team is exploring opportunities in a wide range of sectors, including consumers, business, industry, the health sector and natural resources. Emphasis will be placed on investment noncontrolling. TVG is a private equity company has offices in Hong Kong, in Bangalore, India, and Sydney, Australia. Its Web site means that manages over $ 700 million in the capital.

The team is part of the JP Morgan Asia’s Principal Private Equity Investments companies which, under the direction of Bob case in New York.