JPEL Private Equity Limited has appointed Sean Hurst as chairman of the company with immediate effect. JPEL's outgoing chairman, Trevor Ash, said: "On behalf of the Board, I would like to say how pleased we are that Sean will be JPEL's new Chairman. Sean's expertise in investment funds and alternative assets will further enhance the existing skill set of our Board."

At 3:07pm: (LON:JPEL) JPMorgan Private Equity Ltd share price was +0p at 1.13p