J.P. Morgan Private Investments Inc.: Manager File

The rating of J.P. Morgan Private Investments Inc.

The rating looks only at the areas below, which matter to a family holding this manager's funds through a private placement policy. Past returns play no part: these funds do not report them in their SEC filings, and they say little about what a policy will earn.

Conduct and regulatory record

What regulators and courts have recorded against the manager, and for platform series against the platform, as the advisers report it to the SEC. Several proceedings on one set of facts count as one matter. Recent and serious matters count most, matters of other companies in the group count for less, matters of individuals are weighed by the person's role and their bearing on the business, and the size of the firm is taken into account.

Reported controls

What the adviser reports to the SEC for the fund: whether the accounts are audited every year by an accountant registered with the PCAOB and subject to its regular inspection, whether audited statements go to investors and what the audit opinion says, whether the administrator and custodian are outside the adviser's group, and what share of the assets was valued last year by a person not related to the adviser.

Depth and experience of the manager

The assets the manager runs, its investment staff and how long it has been registered with the SEC.

Investor experience. What policyholders, insurers and advisers tell us is shown separately and never changes the stars. A factual point they raise is checked against the filings, and if it holds, the data is corrected. We never publish names. Tell us about yours

The rating expresses the opinion of PPLI.com on the date shown. It is not a statement of fact about the fund or its manager, not a credit rating, not a forecast of returns and not investment advice. Read about the rating.

Registration and size

Identity

Legal nameJ.P. Morgan Private Investments Inc.

SEC registrationRegistered investment adviser, 801-41088 IAPD

CRD number110186

Latest Form ADV8 October 2026 ADV

Registered with the SEC since15 May 1992

Assets and staff, as filed

Regulatory assets under managementUSD 469,980,000,000

Of which discretionaryUSD 412,928,000,000

Employees758

Of which investment advisory staff96

Private funds listed in Schedule D75

Regulatory assets are calculated under the SEC's Form ADV instructions and include all funds and accounts the adviser manages, not only those open to insurers. Figures come from the SEC's adviser files of November 2026.

Regulatory and legal record

What the adviser itself discloses in Item 11 of its Form ADV, summarised from the disclosure pages, with a link to the filing. Item 11 is filed for the adviser as a whole, so under each matter the fund it concerns is read from the disclosure itself.

202431 October 2024

Regulatory action by US Securities and Exchange Commission: cease and desist

Fund concerned: a private fund that is not an insurance-dedicated fund. None of the insurance-dedicated funds in this file is named.

On October 31, 2024, j.p. Morgan Securities LLC ("JPMS") entered into a settlement with the Securities and Exchange Commission ("SEC") resulting in the SEC issuing an administrative order (the "order"). JPMS consented to the entry of the order, which found that JPMS willfully violated Sections 17(a)(2) and (3) of the Securities Act of 1933 ("Securities Act"). The order arose out of JPMS, from January 2019 through June 2022, using inaccurate disclosures with brokerage customers investing in certain products through a program which pooled customer money into a private Fund ("private Fund") and then invested in private equity or hedge Funds ("third-party Fund") that customers might not be able ...

US Securities and Exchange Commission · Order 31 October 2024 · USD 10.0 million · Concerns another company in the group · Form ADV, Item 11 disclosure

202122 July 2021