NEW YORK, June 12, 2017 /PRNewswire/ -- J.P. Morgan Asset
Management today announced it has hired two seasoned private credit investors, Brad Demong and
Leander Christofides, to join its Alternatives business as Co-CIOs of a new Global Special
Situations group.
Demong and Christofides previously held senior roles in J.P. Morgan's Corporate and Investment Bank, most recently managing
Leverage & Distressed Private Side Research and Trading for the EMEA region. They left the firm in 2016, and will now
re-join effective today. Demong and Christofides will be based in New York and
London, respectively.
The team managed by Demong and Christofides will operate globally and will report into Co-Managing Partners of J.P. Morgan
Global Alternatives, Anton Pil and Chris Hayward.
"This move represents an immediate, significant expansion of our existing private credit offering in our alternatives
business," said Anton Pil, Managing Partner of J.P. Morgan Global Alternatives. "As we continue to
focus on the growth of our alternatives platform, we are committed to providing a broad range of differentiated solutions for our
clients globally."
"Investors today are looking for access to unique opportunities across the credit spectrum, and Brad and Leander bring the
kind of vast investment experience necessary to identify those opportunities," said Chris Hayward,
Managing Partner of J.P. Morgan Global Alternatives. "We are excited for Brad and Leander to join J.P. Morgan Global
Alternatives and be part of our growth and expansion."
Brad Demong
Brad Demong spent 17 years with J.P. Morgan Chase in a variety of Investment Banking roles,
including most recently as Head of EMEA Leverage & Distressed Private Side Research and Co-manager of the Leverage TRS and
Structured Finance risk book.
Leander Christofides
Leander Christofides spent 19 years at J.P. Morgan Chase in a variety of Investment Banking
roles, including most recently as a managing director and Head of EMEA Leverage & Distressed Private Side Trading and Head of
Leverage TRS and Structured Finance.
About J.P. Morgan Global Alternatives
J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With more than
$120 billion in assets under management and over 800 professionals (as of December 31, 2016), we offer strategies across the alternative investment spectrum including real estate,
private equity and credit, infrastructure, transportation, liquid alternatives, and hedge funds. Operating from 23 offices
throughout the Americas, Europe and Asia Pacific, our
independent alternative investment engines combine specialist knowledge and singular focus with the global reach, vast resources
and powerful infrastructure of J.P. Morgan to help meet each client's specific objectives. For more information: jpmorganassetmanagement.com
J.P. Morgan Asset Management, with assets under management of $1.5 trillion (as of March 31, 2017), is a global leader in investment management. J.P. Morgan Asset Management's clients include
institutions, financial intermediaries and retail investors in every major market throughout the world. J.P. Morgan Asset
Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and
liquidity. JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading global
financial services firm with assets of approximately $2.5 trillion (as of March 31, 2017) and operations in more than 60 countries. Information about JPMorgan Chase & Co. is
available at www.jpmorganchase.com.
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SOURCE J.P. Morgan Asset Management