The establishment of the Fund shows that the popular Internet companies on Wall Street, rising interest. Last month, Goldman Sachs, to its foreign customers to 50 billion U.S. dollars valuation to sell Facebook shares worth 10 billion dollars.
JP Morgan expects the fund's sales commission is $ 13,000,000. (Fruit Chan)
is not clear whether, like Goldman Sachs, JP Morgan Chase, as direct investments by the fund company, JP Morgan Chase to often on behalf of clients through the sale of a particular company's stock.
(This article Source: TechWeb)
2 24 news, according to foreign media reports, JP Morgan Chase leading regulatory agencies submitted a document showing that the company has set up a 12.2 billion U.S. dollars of investment fund JP Morgan Digital Growth Fund, for Facebook, Twitter and other fast the development of private technology companies.
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