Skip to main content
JP Morgan Asset Management - Home
Financial Professional Login
Welcome
Log in for exclusive access and a personalized experience
Log in Sign up
Benefits of creating a free account
  • Customize our Guide to the Markets and unlock bonus slides
  • Utilize our award-winning Portfolio Construction and Retirement Planning Tools
  • Access expert commentary from Dr. David Kelly and more...
Hello
  • My Collections
    View saved content and presentation slides
  • Products
    Overview

    Products

    • Mutual Funds
    • ETFs
    • SmartRetirement Funds
    • 529 Portfolios
    • Alternatives
    • Separately Managed Accounts
    • Money Market Funds
    • Commingled Funds
    • Featured Funds

    Asset Class Capabilities

    • Fixed Income
    • Equity
    • Multi-Asset Solutions
    • Alternatives
    • Global Liquidity
  • Investment Strategies
    Overview

    Tax Capabilities

    • Tax Active Solutions
    • Tax-Smart Platform
    • Tax Insights
    • Tax Information

    Investment Approach

    • ETF Investing
    • Model Portfolios
    • Separately Managed Accounts
    • Sustainable Investing
    • Commingled Pension Trust Funds

    Education Savings

    • 529 Plan Solutions
    • College Planning Essentials

    Defined Contribution

    • Retirement Plan Solutions
    • Target Date Strategies
    • Retirement Income
    • Startup and Micro 401(k) Plan Solutions
    • Small to Mid-market 401(k) Plan Solutions

    Annuities

    • Annuity Essentials
  • Insights
    Overview

    Market Insights

    • Market Insights Overview
    • Guide to the Markets
    • Quarterly Economic & Market Update
    • Guide to Alternatives
    • Market Updates
    • On the Minds of Investors
    • Principles for Successful Long-Term Investing
    • Weekly Market Recap

    Portfolio Insights

    • Portfolio Insights Overview
    • Asset Class Views
    • Taxes
    • Equity
    • Fixed Income
    • Alternatives
    • Long-Term Capital Market Assumptions
    • Multi-Asset Solutions Strategy Report
    • Strategic Investment Advisory Group

    Retirement Insights

    • Retirement Insights Overview
    • Guide to Retirement
    • Principles for a Successful Retirement
    • Retirement Hot Topics

    ETF Insights

    • ETF Insights Overview
    • Guide to ETFs
    • Monthly Active ETF Monitor
  • Tools
    Overview

    Portfolio Construction

    • Portfolio Construction Tools Overview
    • Portfolio Analysis
    • Model Portfolios
    • Investment Comparison
    • Heatmap Analysis
    • Bond Ladder Illustrator

    Defined Contribution

    • Retirement Plan Tools & Resources Overview
    • Target Date Compass®
    • Heatmap Analysis
    • Core Menu Evaluator℠
    • Price Smart℠
  • Resources
    Overview
    • Account Service Forms
    • Tax Information
    • News & Fund Announcements
    • Insights App
    • Webcasts
    • Continuing Education Opportunities
    • Library
    • Market Response Center
    • Artificial Intelligence
    • Podcasts
  • About Us
    Overview
    • Diversity, Opportunity & Inclusion
    • Spectrum: Our Investment Platform
    • Media Resources
    • Our Leadership Team
  • Contact Us
  • Role
  • Country
Shareholder Login
Hello
  • My Collections
    View saved content and presentation slides
  • Log out
Financial Professional Login
Welcome
Log in for exclusive access and a personalized experience
Log in Sign up
Benefits of creating a free account
  • Customize our Guide to the Markets and unlock bonus slides
  • Utilize our award-winning Portfolio Construction and Retirement Planning Tools
  • Access expert commentary from Dr. David Kelly and more...
Log out
Search
Menu
Search
You are about to leave the site Close
J.P. Morgan Asset Management’s website and/or mobile terms, privacy and security policies don't apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. J.P. Morgan Asset Management isn’t responsible for (and doesn't provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the J.P. Morgan Asset Management name.
CONTINUE Go Back
  • LinkedIn Twitter Facebook Line
J.P. Morgan Asset Management Expands Private Credit Platform, Hires Co-Heads of Global Performing Credit

New team to leverage deep sourcing and investment capabilities in direct lending, as part of J.P. Morgan Private Capital

New York, NY August 9, 2021 :   J.P. Morgan Asset Management today announced the expansion of its private credit platform and appointment of Vincent Lu and Brian Van Elslander as co-heads of the newly formed Global Performing Credit group. Mr. Lu and Mr. Van Elslander bring extensive experience in private credit and private equity sponsor coverage to the roles (full bios included below). The two new hires report to Meg McClellan, Head of Private Credit at J.P. Morgan Private Capital.

Global Performing Credit will initially target opportunities in the direct lending segment, with plans to expand into other private credit strategies in the future. The new group will benefit from the scale and resources of J.P. Morgan’s $168 billion Global Alternatives platform and its 50-plus year track record across alternative investments including private credit, private equity, real estate, hedge funds, infrastructure, transportation and liquid alternatives.

“With central bank liquidity at historic highs and interest rates remaining low, investors continue to search for sources of yield and downside protection,” said Meg McClellan at J.P. Morgan Private Capital. “Global Performing Credit will harness our deep experience in alternative investing and differentiated sourcing capabilities to capitalize on the significant opportunities in direct lending, which have been amplified by current market dynamics.”

“We see significant investment opportunity in private credit, and Vince and Brian’s depth of experience in sourcing, investing and managing capital in direct lending and other private credit strategies will prove invaluable to the Global Performing Credit platform,” said Brian Carlin, CEO, J.P. Morgan Private Capital. “Direct lending markets are growing rapidly, and our team is well-equipped to provide valuable investment expertise and unique opportunities to investors by leveraging the sourcing capabilities and credit expertise across JPMorgan Chase.”

Biographies – Global Performing Credit

Vincent Lu joins J.P. Morgan Global Alternatives with more than 20 years of private credit experience, most recently serving as co-head of Private Strategies at Wells Fargo Asset Management. Prior to that, Mr. Lu spent 18 years at Blackstone / GSO Capital Partners in private credit and was involved in the firm’s performing credit (direct lending and mezzanine) and stressed / distressed investing funds.

Mr. Lu earned a bachelor’s degree in economics and computer science from Duke University, where he was a Phi Beta Kappa scholar, and a master’s degree in business administration from The Wharton School at University of Pennsylvania where he was a Palmer Scholar.

Brian Van Elslander previously served as co-head of Private Strategies at Wells Fargo Asset Management. Prior to this, Mr. Van Elslander spent more than 10 years as managing director and head of the Financial Sponsors Group at Wells Fargo Securities. He maintained balance sheet responsibility for the Financial Sponsors Group loan portfolio and dually served as group head within the firm’s Corporate Banking division. During this time, he also served on the Investment Banking and Capital Markets Operating Committee.

Earlier in his career, he was a managing director of the Financial Sponsors Group at Credit Suisse and a Vice President at J.P. Morgan in the leveraged finance and high yield capital markets groups.

Mr. Van Elslander earned a bachelor’s degree, with Honors, from Michigan State University, and a master’s degree in business administration from The University of Chicago Booth School of Business, where he was a Wallman Scholar.

About J.P. Morgan Global Alternatives & J.P. Morgan Private Capital

J.P. Morgan Private Capital provides customized financing solutions for private companies across the capital structure and is comprised of a growth equity arm and a private debt business that spans corporate lending, distressed lending, special situations, and asset-based lending strategies. J.P. Morgan Private Capital is part of J.P. Morgan Global Alternatives, the alternative investment arm of J.P. Morgan Asset Management. With more than 50 years as an alternatives investment manager, $168 billion in assets under management and more than 600 professionals (as of March 31, 2021), J.P. Morgan Global Alternatives offers strategies across the alternative investment spectrum including real estate, private equity and credit, hedge funds, infrastructure, transportation and liquid alternatives. Operating from offices throughout the Americas, Europe and Asia Pacific, our independent alternative investment engines combine specialist knowledge and singular focus with the global reach, vast resources and powerful infrastructure of J.P. Morgan to help meet each client's specific objectives. For more information: jpmorgan.com/am.