The Fund Banking Group
With over 25 years dedicated to fund banking, our experience broadens with the acquisition of First Republic Bank. Working with us, you can benefit from a holistic approach that starts with the proven stability of our fortress balance sheet and encompasses our global lines of business. Simply stated, we are the strong, agile partner committed to helping you meet the level of all your firm’s ambitions.
Our experience speaks for itself. Put it to work for your firm.
25+
years of Private Equity and Venture Capital banking experience
100+
team members dedicated to funds banking
$100B+
client assets under supervision
One-stop fund banking for your non-stop ambition
Rely on seamless banking services
providing efficient account onboarding, streamlined cash management operations and an advanced treasury workstation, all supported by our renowned dedicated service model.
Collaborate with experienced lending specialists
who are industry leaders in providing structured lending facilities to the PE and VC communities.
Get actionable investment advice
to optimize liquidity and cash management needs. Leverage our foreign exchange services and block trade services.
Tap into our workplace solutions set
including our subsidiary Global Shares, where we provide share plan and cap table administration services to public and private companies.
Access four global business lines
that are seamlessly connected to help you seize opportunities, mitigate risks and maximize returns.
Gain insights through our global network
providing you with unique perspectives on what your peers are doing through this vast network and our deep relationships.
Elevate your Fund Banking experience with J.P. Morgan Private Bank. Start today.
Our holistic approach brings you the full offering of JPMorgan Chase
Your firm expects the best. Work with the bank that helps delivers it, when and how you need it.
- Deposit and treasury management
- Corporate online banking platform
- Capital call lines of credit
- Working capital lines for the management company
- Commercial card services
- Standby letters of credit services
- Management company term loans for capital expenditure s
- Fund guaranteed loans to investment vehicles and portfolio companie s
- Full service foreign exchange platform
- Escrow accounts
- Professional Loan Program financing and for partners and associates capital commitment s
- Residential lending including mortgages, home equity lines of credit, construction loans
- Personal Line of Credit
- Online and mobile banking platform accessible to all firm employees
- Learn more about how we partner with founders, partners and other employees
- Full service wealth management, estate planning and advisory services
- 401(k) plan management
- Custody accounts
- A robust suite of wealth management services for employees of the company
The latest Venture Beacon by Aumni features Jeff Kaveney
Our partners at Aumni, a J.P. Morgan company, just released their biannual report, The Venture Beacon. With a focus on the state of the venture capital market, the latest report examines the mixed dynamics at play during this unique juncture for venture.
READ MORE
Our Fund Banking Group Leadership Team
Our team brings you a wealth of experience informed by our legacy of working with top-performing Venture Capital and Equity Funds for 25+ years. The team is deeply experienced at what you do and intensely focused on who you are.
Meet Jeff Kaveney, Managing Director of the Fund Banking Group at J.P. Morgan Private Bank.
With nearly 20 years of experience, Jeff leads a team of Bankers serving private equity, venture capital and investment management firms. Managing over $100 billion in client assets, the Fund Banking Group is a strong, agile partner that brings clients access to the entire resources of the firm.
Hi. My name is Jeff Kaveney and I am the head of the fund Banking Group at JP Morgan's Private Bank. I grew up in Massachusetts, about an hour west of Boston. I've been at JP Morgan for about 17 years. I started in the investment bank. I was there for a couple of years and moved over into the private bank. I was a co-head of the US lending solutions practice, and prior to that, I was the global head of the deposits and custody business within the private bank.
I think about what keeps me here is definitely our clients, and also my colleagues. To be able to work with our clients every day, to learn to listen, to help them achieve their goals, is something that is really exciting to me and all of the people that I work with.
In the Fund Banking Group, we're really expanding upon the 25-year history that the private bank has with dealing with financial sponsors. Historically, we've worked with some of the largest private equity and venture firms in the world. Our team is geographically located across the entire United States. We have hubs in Boston, New York, LA, San Francisco, and of course, in Palo Alto.
We focus our time on the idea of fund-specific details, working with CFOs and CEOs to make sure that we're providing everything that a fund could need. Whether you've been in the fund space, in private equity and venture, for decades, or if you're a new entrant into the ecosystem, we want to make sure that your fund is set up for success by providing holistic services across banking, lending, and investments where possible.
One of the most exciting things about the private bank expanding its reach into the private equity and venture space is the entirety of the firm coming together. The investment bank, the commercial bank, and the private bank have all done this as a joint venture to ensure that we can provide the ecosystem of funds everything that they need, from banking and lending to future needs as they grow and as their portfolio companies grow.
I think my colleagues would describe me as loud. If you've ever sat next to me or heard me on a phone call, you know that I'm passionate about what I do and you know that I'm fighting for all of us to move the ball in the right direction. There's always a client lens and there's always a client-first mentality about how we achieve our goals at the end of the day.
In my spare time, I like to spend a lot of it with my family. My family is spread across the United States. So it's not always easy to see each other. I love to ski. My favorite places to ski are in Alta in Utah and Aspen in Colorado. I love to run. I've done several marathons, done an Ironman event. I think there's a level of commitment that comes from running marathons or any endurance event.
When you think about the discipline, the time, and really, the endurance that it takes to fulfill those, not from a physical aspect, but from a mental aspect. And being able to be on schedule and think about the task at hand and drive forward is a differentiating factor that a lot of people have, and they take that time to develop and think about their goals and achievements, and hopefully, the success at the end of that road.
As I think about what I hope to accomplish in the next role in the private bank, the idea of bringing together an ecosystem across the firm in the venture and private equity space, of giving them a single touchpoint within the team that can help them navigate across different lines of business to achieve their goals, and really allowing the firm to step into an opening in that ecosystem is something that I'm really excited about, and hopefully, will provide the necessary tools, network, relationships, and outcomes that help not only drive the venture and private equity space, but also the underlying portfolio companies for growth here and abroad. My name is Jeff Kaveney, and that was my story.
(SPEECH)
Hi. My name is Jeff Kaveney and I am the head of the fund Banking Group at JP Morgan's Private Bank.
(DESCRIPTION)
Hands place a camera on a platform. The dials on the camera turn. A grid-covered stage light turns on. Another light placed high up turns on. Jeff Kaveney sits in a white padded chair with a boom mic above. A person closes a clapboard next to his face.
Text, Leadership Spotlight: Jeff Kaveney. Jeff Kaveney stands near a city intersection and talks on a cellphone.
(SPEECH)
I grew up in Massachusetts, about an hour west of Boston. I've been at JP Morgan for about 17 years. I started in the investment bank. I was there for a couple of years and moved over into the private bank. I was a co-head of the US lending solutions practice, and prior to that, I was the global head of the deposits and custody business within the private bank.
I think about what keeps me here is definitely our clients, and also my colleagues. To be able to work with our clients every day, to learn to listen, to help them achieve their goals, is something that is really exciting to me and all of the people that I work with.
(DESCRIPTION)
He smiles as he talks to a woman. The J.P.Morgan logo on a marble wall.
(SPEECH)
In the Fund Banking Group, we're really expanding upon the 25-year history that the private bank has with dealing with financial sponsors. Historically, we've worked with some of the largest private equity and venture firms in the world. Our team is geographically located across the entire United States. We have hubs in Boston, New York, LA, San Francisco, and of course, in Palo Alto.
We focus our time on the idea of fund-specific details, working with CFOs and CEOs to make sure that we're providing everything that a fund could need. Whether you've been in the fund space, in private equity and venture, for decades, or if you're a new entrant into the ecosystem, we want to make sure that your fund is set up for success by providing holistic services across banking, lending, and investments where possible.
(DESCRIPTION)
A hand adjusts the camera lens.
(SPEECH)
One of the most exciting things about the private bank expanding its reach into the private equity and venture space is the entirety of the firm coming together. The investment bank, the commercial bank, and the private bank have all done this as a joint venture to ensure that we can provide the ecosystem of funds everything that they need, from banking and lending to future needs as they grow and as their portfolio companies grow.
(DESCRIPTION)
The camera.
(SPEECH)
I think my colleagues would describe me as loud. If you've ever sat next to me or heard me on a phone call, you know that I'm passionate about what I do and you know that I'm fighting for all of us to move the ball in the right direction. There's always a client lens and there's always a client-first mentality about how we achieve our goals at the end of the day.
(DESCRIPTION)
Two views of him in the camera monitor.
(SPEECH)
In my spare time, I like to spend a lot of it with my family. My family is spread across the United States. So it's not always easy to see each other. I love to ski. My favorite places to ski are in Alta in Utah and Aspen in Colorado. I love to run. I've done several marathons, done an Ironman event. I think there's a level of commitment that comes from running marathons or any endurance event.
When you think about the discipline, the time, and really, the endurance that it takes to fulfill those, not from a physical aspect, but from a mental aspect. And being able to be on schedule and think about the task at hand and drive forward is a differentiating factor that a lot of people have, and they take that time to develop and think about their goals and achievements, and hopefully, the success at the end of that road.
(DESCRIPTION)
He sits forward in the chair with a tilted head and smiles.
(SPEECH)
As I think about what I hope to accomplish in the next role in the private bank, the idea of bringing together an ecosystem across the firm in the venture and private equity space, of giving them a single touchpoint within the team that can help them navigate across different lines of business to achieve their goals, and really allowing the firm to step into an opening in that ecosystem is something that I'm really excited about, and hopefully, will provide the necessary tools, network, relationships, and outcomes that help not only drive the venture and private equity space, but also the underlying portfolio companies for growth here and abroad. My name is Jeff Kaveney, and that was my story.
(DESCRIPTION)
He smiles and snaps the clapboard shut.
Logo, J.P.Morgan, Private Bank.
