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J.P. Morgan Asset Management

J.P. Morgan Asset Management, the asset and wealth management arm of investment bank JPMorgan Chase & Co., jumped into the hedge fund arena with a high-profile acquisition. Its landmark deal to buy a majority stake in global multistrategy firm Highbridge Capital Management for $1.3 billion in 2004 was the first of its kind. The Highbridge deal eventually culminated in a 100 percent acquisition, in June 2009. Highbridge's assets, which totaled $7.4 billion in 2004, have nearly quadrupled to $29 billion since then. JPMAM can't take all of the credit for Highbridge's growth, however. In 2010, Highbridge bought a controlling stake in Brazilian investment bank Gávea Investimentos, which has one of the best and longest macro records in Brazil. The Gávea Macro fund, a global macro emerging-markets fund, is one of Brazil's best-performing hedge funds for 2013...

Back to Hedge Fund 100 Firm Profile Ranking3. J.P. Morgan Asset Management/ $45 billionLocation:New York, NYFounded:19352016 Hedge Fund 100 Rank:No. 22016 Capital:$50 billion2015 Hedge Fund 100 Rank:No. 22015 Capital:$59.3 billionYears on Park AvenueNew York, NY 10017Phone:212-648-1999Fax:212-648-1790Other Offices:Dallas, Chicago andColumbus, Ohio Profile & NewsFirm OverviewJ.P. Morgan Asset Management, the asset

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