Former Goldman Sachs banker Scott Kapnick has joined hedge fund Highbridge, majority owned by JP Morgan Chase, to launch a private equity business.

Kapnick will join Highbridge to help the hedge fund start a private equity investing effort with two between $1bn and $2bn in size, a banking source confirmed.

Heidi Moore

Morgan Stanley

Goldman Sachs

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JP Morgan Chase

Credit Suisse

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Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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The London-based bank said it is well on its way to achieving the target of returning at least $8 billion to shareholders over the three years ending in 2026.

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U.S. stock futures and European indexes gained, while the dollar strengthened against the euro, after President Trump announced the trade agreement Sunday.

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Kapnick joins Highbridge

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