
JP Morgan Chase & Co (NYSE:JPM) beat Morgan Stanley (NYSE:MS) and Goldman Sachs Group, Inc (NYSE:GS) to source more capital for Chase Coleman's Tiger Global Management just as it neared its peak, Bloomberg reports.
JP Morgan's customers became a top source of cash for Tiger's newest and largest-ever venture-capital fund, contributing $1.9 billion to the vehicle known as PIP 15 before fundraising closed in March.