JPMorgan expands small-cap banking team across U.S. cities

JPMorgan expands small-cap banking team across U.S. cities
JPMorgan grows small-cap team

JPMorgan Chase & Co. is broadening its push into small-cap investment banking by building out a dedicated team for companies with valuations between $100 million and $500 million. The expansion adds to a broader series of executive hires this year across the bank's global banking unit.

Highlights

  • JPMorgan assembled a team of 12 investment bankers, including 9 new hires, to focus on companies valued between $100 million and $500 million.
  • The small-cap banking group includes four newly appointed managing directors located in Houston, New York, Miami, and Chicago.
  • JPMorgan's expansion of senior bankers across multiple U.S. cities signals ongoing investment in sector and client coverage despite a competitive dealmaking environment.

Team buildout targets smaller companies

As first reported by Bloomberg News, JPMorgan has assembled a team of a dozen investment bankers for its small-cap effort, including nine new hires, according to an internal memo seen by the outlet.

The group focuses on companies valued between $100 million and $500 million, a segment where banks compete for advisory and capital-raising mandates as smaller businesses seek growth funding, acquisitions and market access.

Among the recent additions are four managing directors: Gabe Gerenstein in Houston, Mike Goettemoeller in New York, Roberto Hernandez in Miami and Cameron Soelberg in Chicago.

Hiring push adds to broader banking expansion

The new appointments mark the latest executive additions this year within JPMorgan's global banking unit, underscoring the firm's continued investment in sector and client coverage despite a competitive dealmaking environment.

By placing senior bankers across multiple U.S. cities, JPMorgan is expanding its reach into regional corporate markets and strengthening coverage for smaller publicly traded and privately held companies.

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