Bery sues JPM over firing, spinout
Varun Bery, former MD and co-founder of TVG Capital Partners, and later co-head of JPMorgan's private equity investment arm in Asia Pacific, is now reportedly suing the bank over $30.8 million alleged lost income, also alleging wrongful dismissal and breaches in agreements to spin out his team.
Bery and his team at TVG joined JPMorgan in early 2008, in an effective wholesale acquisition of his firm, to invest the bank's new $750 million regionally-focused fund. He now has filed a complaint in...
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