Mercer Launches Private Markets Platform

Mercer is working directly with some of the world’s top private equity, venture capital, private credit, real estate and infrastructure managers to build institutional-grade portfolios for its clients without adding exorbitant fees or expense ratios, Mercer Advisors President Daniel Gourvitch said.

Donald Calcagni, Mercer’s chief investment officer, explained that Aspen Partners is built to “bring a fiduciary-centered approach to private markets by providing investors access to selectively chosen private managers.”

Mercer Advisors plans to launch several private funds, designed to maximize the percentage of fund fees allocated to top-performing managers while minimizing fees paid to intermediaries, such as fund administrators, platform sponsors, funds of funds managers or placement agents, the company said.

Mercer Advisors built Aspen Partners in partnership with Opto Investments, which provides the end-to-end technology and operational platform, Gourvitch said. Mercer Advisors and Opto Investments are both independently backed by GIC, a global institutional investor.

Mercer said it also has expanded its private investment leadership team, which includes Bob Burlinson in an expanded role as senior director, private markets, and Will Rockett, senior director, investment strategy group.

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