# JP Morgan Pension Scheme (US)

JP Morgan Pension Scheme (US) is a Pension Fund based in New York, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1984
- **Assets under management:** Undisclosed
- **Website:** jpmorganchase.com

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Real Estate
- Private Equity
- Infrastructure
- Hedge Funds
- Secondaries & Special Situations

## People

- 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

## 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.

## Related profiles

- [JP Morgan Brazil](https://altss.com/profile/jp-morgan-brazil)
- [JPFG Wealth Management](https://altss.com/profile/jpfg-wealth-management)

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Last updated: 2026-06-03T20:00:00.000Z

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