JPMorgan Chase & Co. (NYSE:JPM) has reportedly established a new team within its investment bank to assist companies in raising private capital.

Advising On Early-Stage Fundraising

JPMorgan’s new team, Private Capital Advisory and Solutions, will offer mergers-and-acquisitions guidance while collaborating with the capital-markets division, reported The Wall Street Journal on Thursday.

The team is set to connect investors with companies seeking private capital, as well as provide advice on raising early-stage equity, preferred stock, convertible bonds, secondary funds, and other private-equity fundraising avenues, the report said.

JPMorgan is expanding its private-credit business and research coverage of private ...