JPMorgan hires Morgan Stanley banker for $100B

JPMorgan Chase hired Will Boyle from Morgan Stanley as global head of secondary advisory in New York.
The hire targets the $100 billion private‑placement secondary market, with the GP‑led segment estimated at about $100 billion.
JPMorgan expects the 2026 IPO market to reach $60 billion, with sponsor‑backed IPOs comprising roughly one‑third of volume.
Boyle spent nearly five years at Morgan Stanley as head of private capital advisory, after roles at PJT Partners and GSO Capital.