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Mercer, a business of Marsh McLennan, completes acquisition of Cardano

Mercer, a business of Marsh McLennan, completes acquisition of Cardano

11/04/24, 11:43 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
https://purecatamphetamine.github.io/country-flag-icons/3x2/NL.svgrotterdam
Industry
data and analytics
finance
financial services
Mercer, a global leader in investment solutions and pension services, has successfully completed the acquisition of Cardano. This acquisition further solidifies Mercer's position as a leading provider of pension services in the UK and the Netherlands, and expands its advisory and investment solutions for institutional investors globally.

Company Info

Company
Mercer
Location
New York, New York, United States
Company info
Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 83,000 colleagues and annual revenue of nearly $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and Twitter. i PIP VI consists of a US vehicle for US investors and a Luxembourg vehicle for non-US investors. This press release does not constitute an offer to invest in any Mercer private markets investment vehicle. PIP VI closed in Q4 2021. ii In providing Outsourced Chief Investment Officer (“OCIO”) services, Mercer typically exercises investment discretion by hiring and overseeing third party asset managers on behalf of client portfolios. Global OCIO alternatives assets data consists of primarily, but not exclusively, discretionary mandates. Private markets assets based on committed capital. Hedge funds and other alternative assets based on Net Asset Value (NAV). Dollar amounts in USD. Due to rounding, totals provided may not precisely reflect the absolute figures.

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