JPMorgan Chase & Co. has significantly bolstered its equity capital markets (ECM) team by recruiting David Bauer from KKR to co-head its ECM operations in the Americas.
Bauer, who has a substantial background in capital markets from both KKR and Goldman Sachs, is expected to enhance JPMorgan's advisory capabilities in ECM transactions.
The recruitment of Bauer follows other strategic hires at JPMorgan, including Sumit Mukherjee and Tegh Kapur, indicating a robust growth strategy in their capital markets division.
KKR expressed confidence in its capital markets team, noting the $1.6 trillion raised since the group's inception in 2007, showcasing their strength despite Bauer's departure.
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