MidOcean Partners, a New York-based alternative asset manager focused on middle-market private equity investments, has added Erik Oken as the chairman of the firm’s private equity business.

Erik Oken joins the firm following 30 years with JP Morgan where he most recently served as the global chairman of investment banking. In his time with JP Morgan he held a variety of positions and played a central role in the success of the firm’s banking franchise. In his new role, Oken will support the firm’s private equity investment team and will add senior insight and oversight to the firm’s thematic investment strategy.

“I am thrilled to welcome Erik to MidOcean,” said Ted Virtue, CEO of MidOcean Partners. “Erik brings a wealth of invaluable industry experience and senior perspective to our existing highly-talented team. He will play a critical role in the continued success of the firm as we focus on driving transformative value across our portfolio.”