JP Morgan invests in Asia TMT

JP Morgan ups its TMT dealmaker headcount amid flurry of deals in the sector.

Asia’s technology, media and telecommunications TMT sector has been a deep vein for deal-makers to tap --from Alibaba’s world-beating $25 billion IPO listing to the acquisition spree among tech titans such as Lenovo.

Given the growing wallet share in Asia and the relevance of the region to US clients, increasingly JP Morgan’s global chairman for TMT Jennifer Nason finds herself jetting out to Asia.

I spend more time in Asia facing clients than I do in other parts of the world, apart from the US, said Nason, who was in Hong Kong recently for the US firm’s TMT conference.

TMT has been active this year and a lucrative revenue generator for...

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