JPMorgan loses pensions chief to private equity

JPMorgan’s Eric Viet has quit his position as head of the US banking giant’s European pensions group, to set up a private equity buyout fund based in London. He is joined by Amédée Levillain, who worked alongside him at JPMorgan.

The fund, which is currently unnamed, will target UK and US firms with significant pension asset and liability positions relative to their market capitalisation. According to Levillain, the fund will be considering alternative approaches to the traditional insurance bulk

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