Coyle will be co-head of the Europe-based private equity firm's North American business, according to the Journal.
NEW YORK (Reuters) - John Coyle, the global head of JPMorgan Chase & Co's <JPM.N> financial sponsor group, is leaving the company to join private equity firm Permira, the Wall Street Journal reported on its Web site.
Coyle will be co-head of the Europe-based private equity firm's North American business, according to the Journal.
In the report, Coyle was quoted as saying that his departure from JPMorgan had no connection to the financial slowdown.
JPMorgan representatives were not immediately available for comment.
!ADVERTISEMENT!(Reporting by Aarthi Sivaraman; Editing by Paul Bolding)
