J.P. Morgan Investment Management Inc. 4

What Happened
J.P. Morgan Investment Management Inc., the investment adviser to JPMorgan Private Markets Fund, disposed of 1,124,935.316 Class I common shares at $17.78 per share on January 30, 2026, for a total of $20,000,000. The filing reports a sale (S) — a disposition of fund shares rather than a purchase.

Key Details

• Transaction date: January 30, 2026; Price: $17.78 per share; Shares sold: 1,124,935.316; Total value: $20,000,000.
• Transaction type: Open market or private sale (code S).
• Shares owned after the transaction: Not specified in the provided filing.
• Footnote: The adviser’s tender of Class I shares was accepted Dec 31, 2025; the number of shares sold was fixed on Jan 30, 2026 when the issuer determined NAV as of Dec 31, 2025.
• Filing: Report filed Feb 3, 2026. This matches the Form 4 two-business-day reporting window for a Jan 30 transaction, so the filing appears timely.

Context
This filing reflects an institutional adviser selling fund shares following a tender/redemption process (per the footnote) — common portfolio or client-liquidity activity. Because the reporter is an investment adviser (not an individual executive or 10% owner), this sale should be viewed as operational/portfolio-level activity rather than a direct personal signal about the fund’s prospects.