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Top JP Morgan Capital Raiser Jumps Ship


JP Morgan Asset Management global head of business development Douglas Doughty has left the firm after two and a half years.

Douglas is the latest and highest-ranking departure from the global real assets group’s capital raising and client relations team—a group that has seen significant turnover during his tenure, Private Equity Real Estate News reports.

Other recent exits include executive director of marketing and client service Amy Cummings (a 15-year JP Morgan vet), executive director of marketing and client management Michael Duignan (an 18-year JP Morgan vet) and client portfolio manager for the global real assets group JD Sitton (a 13-year JP Morgan vet).

JP Morgan’s Global Real Assets has over $88B in assets under management and more than 400 pros in real estate, infrastructure and maritime investing. [PERENews]