JPMorgan Investment Banking Global Chair Oken to Join MidOcean

JPMorgan Chase & Co. investment banking veteran Erik Oken is joining alternative asset manager MidOcean Partners after three decades at the U.S. lender, according to people with knowledge of the matter.

Oken will work in MidOcean’s private equity business and focus on consumer transactions, said the people, who asked not to be identified discussing the move.

In a career at JPMorgan that began in 1991, Oken was appointed last year as a global chair of investment banking. He also joined the executive committee to focus on courting top clients and mentoring younger bankers.

He previously served as global head of ...