JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount

The JPMorgan Chase Co. building before the ribbon cutting ceremony, at the firm's new headquarters at 270 Park Avenue, in New York City, U.S., Oct. 21, 2025. Eduardo Munoz | Reuters A JPMorgan Chase -led group of banks cut their exposure to a private credit fund co-managed by KKR days before the asset manager announced it was spending $300 million to prop up the troubled vehicle. …