Mercer is working straight with a few of the world’s prime non-public fairness, enterprise capital, non-public credit score, actual property and infrastructure managers to construct institutional-grade portfolios for its purchasers with out including exorbitant charges or expense ratios, Mercer Advisors President Daniel Gourvitch mentioned.
Donald Calcagni, Mercer’s chief funding officer, defined that Aspen Companions is constructed to “carry a fiduciary-centered strategy to personal markets by offering buyers entry to selectively chosen non-public managers.”
Mercer Advisors plans to launch a number of non-public funds, designed to maximise the proportion of fund charges allotted to top-performing managers whereas minimizing charges paid to intermediaries, corresponding to fund directors, platform sponsors, funds of funds managers or placement brokers, the corporate mentioned.
Mercer Advisors constructed Aspen Companions in partnership with Opto Investments, which gives the end-to-end know-how and operational platform, Gourvitch mentioned. Mercer Advisors and Opto Investments are each independently backed by GIC, a worldwide institutional investor.
Mercer mentioned it additionally has expanded its non-public funding management workforce, which incorporates Bob Burlinson in an expanded function as senior director, non-public markets, and Will Rockett, senior director, funding technique group.
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