The JPMorgan Chase & Co. building before the ribbon cutting ceremony, at the firm's new headquarters at 270 Park Avenue, in New York City, U.S., Oct. 21, 2025. Eduardo Munoz | Reuters A JPMorgan Chase -led group of banks cut their exposure to a private credit fund co-managed by KKR days before the asset manager announced it was spending $300 million to prop up the troubled vehicle. The fund, FS KKR Capital Corp ., said Monday in a release that KKR will inject $150 million into the fund as equity and spend another $150 million to buy shares from investors who want to exit. Those moves, labeled "Strategic Value Enhancement Actions" by the fund, came after the JPMorgan-led group on May 8 slashed its credit line by $648 million, or about 14%, to $4.05 billion. Some lenders may have exited entirely rather than extend their commitments, according to the filing.…