🔔 JPMorgan's "Secret" Plans

A key part of Project Bloom is a digital network for JPMorgan clients that will match start-ups with investors, helping them in fundraising rounds, said the people.

Other planned-for services include helping companies sell shares in tender offers or providing loans on private stakes, offering a digital interface for secondary trading of private company stock, and helping venture capital firms raise new funds.

While elements of these offerings exist across parts of JPMorgan’s sprawling operations, the new effort aims to create a one-stop digital portal for start-ups and venture capital firms, family offices and other institutional investors, said the people.

The business aims to tie in offerings from the firm’s corporate and investment bank, commercial bank and private bank. For instance, the private markets trading desk first reported by CNBC in 2020 will feed into the new platform, according to the sources.

By creating a self-service platform, JPMorgan can target smaller, earlier-stage companies than its bankers traditionally engage with, helping them raise funds and offering automated recommendations, the people said.

JPMorgan appears to be betting that if it can create a fully-scaled private company network before the fintechs do, its place in a future in which private companies have even greater importance will be assured.

 🎁20 lucky winners to share 𝟱𝟬𝟬𝟬 $SYS

To enter the #GIVEAWAY:

⭐️Follow @syscoin & @PegasysDEX 

⭐️RT & @ 2 friends

⭐️Join: https://t.co/oFQsVnpG5q

⭐️Join: https://t.co/6Prng8thBR

Bonus Entry: Subscribe 👉 https://t.co/Kd3Vb5aiKy

🏆Winners will be announced March 21, 2022— Syscoin (@syscoin) March 3, 2022 

From the end of World War II through the early 1970s, many companies went public to raise capital to fund their growth.

Today, young companies often rely more on intangible assets and have a less voracious appetite for capital.

They also have unprecedented access to capital through the private markets. Consequently, many young companies have elected to stay private longer than did the companies of prior generations.

a future in which private companies have even greater importance will be assured

In recent decades, sophisticated investors, including pension funds and endowments, have moved their asset allocation toward private markets in search of higher returns.

For example, Yale University’s endowment, run by its chief investment officer David Swensen since 1985, has delivered excellent long-term returns and is considered a pioneer in asset allocation.

When Swensen took the helm in the mid-1980s, about 65 percent of the portfolio was allocated to U.S. equities, 15 percent to U.S. bonds, and none to private equity.

Today, U.S. equities, bonds, and cash are less than 10 percent of the endowment’s target asset allocation. Further, companies have raised more money in private markets than in public markets in each year since 2009.

For example, companies raised $3.0 trillion in private markets and $1.5 trillion in public markets in 2017.

 Join Biz Dev Manager @TarzApeSwap and the syscoin team for a live AMA!

Syscoin is the only layer-1 Blockchain that scales with EVM functionality 💪

🗓️ March 4th, 22:00 UTC

➡️ Hosted by @syscoin 

🎁 100 $SYS for the top 5 questions asked in the comments pic.twitter.com/3J5RNTkaA7— ApeSwap.Finance (@ape_swap) March 3, 2022 

There is a strong negative correlation between the average price paid for businesses and subsequent PMEs in the buyout business. Multiples in 2019 were at a record. This concern is partially mitigated by low interest rates.