Tech | February 16, 2011 | 0 comments

J.P. Morgan Creates $750 Million Dollar Digital Media Fund

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J.P. Morgan Chase, unsurprisingly seeking to make up ground in opposition to competitor Goldman Sachs, promises to begin a fund that could focus on World wide web and digital mass media businesses, based on a study in the Wall Street Journal.

The fund is seeking to raise $500 million dollars to $750 million dollars, in line with the report, which cites “people familiar with the matter.” The actual agency delivered marketing materials to potential investors approximately 2 weeks back, the article declares. (Having access to the full post takes a membership.)

http://www.wealthvest.com/blog/sean-browne/jp-morgan-vs-goldman-sachs-j-p-morgan...
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