JPMorgan, Wall Street pushes to the private company coverage as the growing opportunity


A man in a suit walks Jpmorgan's past
JPMorgan Chase, moves outside the traditional capital fund.Getty pictures
  • On Friday, JPMorgan said that research analysts will start covering private companies.

  • Changes, iPots and income inside the private sector and within the range of effects.

  • The company’s first private company’s research statement was directed to Chatgpt Maker Openai.

JPMORGAN CHASE It is something that never done before: to publish a capital research in a private company.

The bank goes beyond traditional stock covers and begins Open – How did dominant private companies have in today’s markets and a movement that reflects how Wall Street continues.

“This new proposal has continued to see the growing impact and interest of our private companies and our customers and is the leader of the global research of our customers,” It is important to special companies, especially in various fields, “he said.

The movement comes as more company founders and boards Stay for a longer period of time. The average age of a private company’s age has been increased since 10.7 years since 10.7 years ago According to Morningstar.

The main factor behind the decline is an increase in financing of companies such as Openai and Spacex, fuel with an increase in private capital and enterprise capital. Pitchbook estimates that the assets of $ 18.7 trillion in the central markets, including enterprise capital and private equity, which will reach $ 24 trillion by the end of 2029.

“With about 1,200 private companies reaching the unicorn status between 2020 and 2023 in the United States

Understanding the concept of private markets has become a key to properly assess open trading companies.

“Understanding their effect is very important for both public and private market investors to make informed investment decisions and,” he said.

Jamie Dimon has long cried in what he called the “role of open trade companies in the American financial system.” In his letter to investors in 2023, the number of US public companies was reduced from 7,300 peaks in 1996, he said.

“This trend is serious and can be a good increase,” he said, then “Is this result this result?”

Read the original article Businesslike



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