JPMorgan Taps Blackstone Alumni Barnes for Sustainable Investing

JPMorgan Chase & Co. said it hired Tanya Barnes, the former head of Blackstone Inc.’s impact platform, as co-managing partner of its sustainability-focused growth equity investing effort.

Barnes will co-lead the group, which sits within JPMorgan Private Capital, alongside Osei Van Horne. New York-based JPMorgan will provide as much as $150 million to anchor the group’s first fund, which may begin investing as soon as this quarter. It’ll focus on companies in real estate, industrials and manufacturing, transportation and supply-chain logistics as well as food and agriculture.

“As investors, we can utilize the relationships and connectivity across the ...