JP Morgan Global Alternatives Builds Private Credit Team and Doubles Commercial Mortgage Assets


Raphael Gonzalez joins team as Managing Director and Senior Investment Specialist, Kelly von Schmid hired as Commercial Mortgage Creator

NEW YORK, December 14, 2021 / PRNewswire / – JP Morgan Global Alternatives today announced the appointment of Raphael Gonzales as Managing Director and Senior Investment Specialist in Commercial Mortgages, Infrastructure Debt and Direct Lending. Mr. Gonzalez brings more than two decades of experience in lending, structuring, trading and portfolio management. He joined Exos Financial where he worked in structured credit, focusing on lending and structuring in commercial finance. Kelly von schmid joined by BBVA United States as an originator in the commercial mortgage group, focused on finding new lending opportunities on behalf of mixed funds and segregated managed accounts. (See full biography below)

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The new hires follow significant growth in JP Morgan Global Alternatives’ commercial mortgage business, doubling assets under management to reach $ 7.6 billion over the past 12 months and executing a wide range of transactions under transitional and stabilized opportunities with significant activity in the Sunbelt area. The band is on track to strike 10 billion dollars in AUM in 2022. The CML group is leveraging JP Morgan’s information and procurement advantages acquired over more than 60 years in the US real estate markets.

“We have seen significant growth in our private lending platform over the past 18 months, and the addition of Raphael’s expertise in mortgage and asset-backed lending will help us build on that momentum then. that we continue to provide our clients with unique opportunities to generate alpha within portfolios, ”said Meg mcclellan, Head of Private Credit, JP Morgan Private Capital. “The significant asset growth in our commercial mortgage business over the past 12 months is a testament to our team’s ability to seek out and execute debt opportunities. “

“Our commercial mortgage lending business has grown significantly over the past year, with strong investor demand for these strategies due to the attractive yield premiums and diversification potential offered compared to investment grade corporate bonds. “, said Jay dewaltoff, Head of Commercial Mortgages at JP Global Morgan Alternatives. “JP Morgan’s CML team has a unique ability to provide end-to-end lending solutions to borrowers, which allows us to be agile in executing transactions. performance during the COVID pandemic. “

Biographies – Raphael Gonzales and Kelly von schmid

Raphael Gonzalez, Senior Investment Specialist, JP Morgan Global Alternatives – Raphael comes from Exos Financial where he worked in structured credit, focusing on lending and structuring in the area of ​​commercial finance. Previously, he worked for Monticello Asset Management as Managing Director, leading their efforts to structure capital markets and security. The platform focused on financing the acquisition of skilled nursing facilities – primarily in the form of bridging loans to HUD. Prior to MonticelloMr. Gonzalez has spent his 25-year career as a mortgage / ABS trader and portfolio manager in structured products. He most recently worked at Performance Trust Capital Partners, Cantor Fitzgerald, Passport Capital Management, and spent most of his career at JPMorgan, as Managing Director, co-managing their branchless mortgage and ABS sub-offices. , while being the main ABX. trader during the volatile mortgage crisis. Earlier in his career, Mr. Gonzalez served as Senior Broker, Agencyless Mortgages at Banc of America Securities and held a similar position at Barclays Capital, where he traded both agencyless mortgages and mortgage loans. ABS securities. Mr. Gonzalez holds a BA from Vassar College.

Kelly von schmid, Vice-President, JP Morgan Global Alternatives – Kelly joins the Commercial Mortgages team as an initiator, responsible for finding new lending opportunities on behalf of mixed funds and segregated accounts managed by JP Morgan Asset Management. Throughout her career, Ms. von Schmid has been directly involved in the granting and underwriting of over 50 loans totaling over $ 1.5 billion. Before joining the firm, she was vice-president at BBVA United States in New York, where she spent 10 years initiating and closing complex transactions for borrowers along the East Coast. Ms. von Schmid holds a Master of Science in Real Estate from New York University as well as a Bachelor of Science in Accounting from the University of Alabama.

About JP Morgan Global Alternatives and JP Morgan Private Capital

JP Morgan Private Capital offers customized financing solutions to private companies across the capital structure and includes a growth capital division and private debt activity that encompasses corporate loans, distressed loans, special situations and financials. asset lending strategies. JP Morgan Private Capital is part of JP Morgan Global Alternatives, the alternative investment arm of JP Morgan Asset Management. With over 50 years as an alternative investment manager, 168 billion dollars of assets under management and more than 600 professionals (at March 31, 2021), JP Morgan Global Alternatives offers strategies covering the full spectrum of alternative investments, including real estate, private equity and credit, hedge funds, infrastructure, transportation and liquid alternatives. Operating from offices across the Americas, Europe and Asia Pacific, our 15 independent alternative investment engines combine expert knowledge and unique focus with JP Morgan’s global reach, vast resources and powerful infrastructure to help achieve each client’s specific goals. For more information: jpmorgan.com/am.

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SOURCE JP Morgan Asset Management


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