JPMorgan Chase is growing its investment banking footprint with the launch of a new small-cap banking division, and it has tapped a seasoned industry veteran to run it, according to an internal memo reviewed by Reuters on Wednesday.
Michael Flynn has joined the firm as head of small-cap investment banking. The new division broadens JPMorgan’s existing mid-cap business to take on clients in commercial and specialized industries whose enterprise values fall in the range of approximately $100 million to $500 million.
The hiring reflects a broader trend among the nation’s largest financial institutions, which are anticipating a robust dealmaking environment in 2026 and are investing in new teams and wider client coverage to capitalize on it.
Flynn brings more than 25 years of experience spanning investment banking, corporate development, and private equity. He previously served as a managing director at G2 Capital Advisors and will work out of New York in his new role.
Two additional hires round out the new team: Arash Farin, who comes aboard as a managing director in Los Angeles after leaving Centerstone Capital, and Jamie Eastham, who joins as executive director.
The small-cap investment banking unit will operate out of five cities — Atlanta, Chicago, Dallas, Los Angeles, and New York — and will initially concentrate on diversified industries, consumer and retail, and business services.
