Pension Fund

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JP Morgan Pension Scheme (US)

JP Morgan Pension Scheme (US) is a private sector pension fund based in Jersey City, US. It manages $15.3 billion in assets across 64 funds, primarily in North...

JP Morgan Pension Scheme (US) logo

JP Morgan Pension Scheme (US)

JP Morgan Pension Scheme (US) is a private sector pension fund based in Jersey City, US. It manages $15.3 billion in assets across 64 funds, primarily in North America.

General information

Firm type

Pension Fund

Year founded

1984

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

Jamie Dimon

Chairman and CEO, JPMorgan Chase & Co.

Mellody Hobson

Director, JPMorgan Chase & Co.

James Crown

Director, JPMorgan Chase & Co.

Greg Seketa

Executive Director, JPMorgan Chase Retirement Plan

Sector focus

Real EstatePrivate EquityInfrastructureHedge FundsSecondaries & Special Situations

Frequently asked questions

Who runs investment decisions for the JPMorgan Chase US pension plan?

Investment decisions are governed by the JPMorgan Chase retirement benefits committee, with Greg Seketa serving as Executive Director and authorized signatory for the plan. Oversight extends to the bank's senior leadership, including Chairman and CEO Jamie Dimon. The plan leverages internal investment teams within JPMorgan Asset Management for portfolio construction and manager selection.

How does the pension plan's relationship with JPMorgan Asset Management affect its investment posture?

The plan benefits from structural proximity to one of the world's largest institutional asset managers without being consolidated into it. This gives the pension team advance visibility into fund offerings and co-investment pipelines while maintaining independent fiduciary decision-making. The arrangement resembles a captive LP with proprietary access, rather than a fully external allocation model.

Does the plan participate in co-investments alongside external GPs?

Yes, though the posture is selective. The connection to Project Black via board member Mellody Hobson points to direct co-investment activity. The plan's scale and JPMorgan's capital markets position make it a preferred LP for GPs seeking co-investment partners, though specific commitment sizes remain undisclosed in public filings.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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