02:03 PM EDT, 03/26/2026 (MT Newswires) -- JPMorgan Chase ( JPM ) plans to launch a private credit fund allowing investors to redeem 7.5% of shares each quarter, Bloomberg reported Thursday, citing a prospectus.

The proposed JPMorgan Public and Private Credit Fund awaits approval from the US Securities and Exchange Commission to allow monthly share repurchases of at least 2%, potentially giving investors more frequent access to liquidity, the report said.

JPMorgan ( JPM ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 291.79, Change: -3.63, Percent Change: -1.23