J.P. Morgan Partners (JPMP) is the investment arm of J.P. Morgan Chase & Co. JPMP engages in private equity and venture capital investing as well as mezzanine financing and limited partnership investing. JPMP invests in the United States, Europe, Latin America, and Asia. It structures its investment activities according to industry interest, which include consumer, retail, and services; financial services; industrial growth; life sciences and healthcare; and technology, media, and telecommunications. Consumer, retail, and services investments include buyouts and growth capital financings of consumer products, specialty retail and distribution, apparel, food & beverage, consumer services, and education companies. JPMP prefers to lead buyout transactions with investments ranging from $25 million to $200 million. For growth capital investments, it provides $5 million to $150 million or more to medium-to-later stage companies, and it will serve as lead investor or syndicate participant. Financial services investments include equity and mezzanine financing to insurance, asset management, specialty finance, and banking firms. Life sciences investments typically include $3 million to $40 million in growth financing to early stage companies that are engaged in biopharmaceutical drug development, medical devices targeting large therapeutic markets, and drug discovery and technology companies. Healthcare infrastructure investments include buyouts and growth financings of $20 million to $150 million for later stage venture companies engaged in diagnostic services, facilities, specialty distribution and disease management, product roll-up, specialty providers, and staffing and other outsourcing services. Industrial growth investments include management buyouts and growth financings of chemicals, paper and packaging, energy and power, automotive, distribution and logistics companies. For management buyouts, JPMP prefers to serve as lead investor with investment sizes ranging from $25 million to $200 million. For growth capital investments, JPMP will serve as lead investor or syndicate participant providing $5 million to $150 million to medium-to-later stage companies. Technology, media, and telecommunications investments include early-stage venture capital and later-stage growth equity/buyouts. It specifically invests in communications infrastructure, software, publishing, cable programmers, and TV and radio broadcasting. JPMP also provides mezzanine capital independently or as part of an integrated capital structure for growth capital, corporate acquisitions, leveraged buyouts, special situations and recapitalizations. Mezzanine investment sizes range from $20 million to $100 million. Besides direct investments, JP Morgan also selectively invests in funds to generate co-investment opportunities. With regards to limited partnership investments, the firm's preference is for late-stage funds, buyout funds and international funds. In 1984, the firm was founded as Chase Capital Partners. In 2001, Chase and J.P. Morgan & Company Incorporated merged. The merger combined the private equity divisions of both institutions, Chase Capital Partners and J.P. Morgan Ca