Great Elm Group Sells a Majority Interest in Forest Investments, Inc. to an Affiliate of JPMorgan Chase & Co.

January 3, 2023

https://www.globenewswire.com/news-release/2023/01/03/2582008/0/en/Great-Elm-Group-Sells-a-Majority-Interest-in-Forest-Investments-Inc-to-an-Affiliate-of-JPMorgan-Chase-Co.html

WALTHAM, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) — Great Elm Group, Inc. (“we,” “us,” “our,” “GEG” or “Great Elm,”) (NASDAQ:GEG), an investment management company, today announced its sale of a majority of its ownership interest in Forest Investments, Inc. (“Forest”) to J.P. Morgan Broker-Dealer Holdings Inc. (“JPM”).

Read more at globenewswire.com

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