JPMorgan (JPM)  owned asset manager Highbridge Capital Management has raised a $5B...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

JPMorgan (JPM)  owned asset manager Highbridge Capital Management has raised a $5B mezzanine debt fund, the largest such vehicle the firm has raised since the financial crisis. The fundraising comes as investors seek out high yields due to low interest rates, and follows Blackstone's raising of a similar $4B fund last year.