Mercer grows its alternatives business
Thu Feb 3, 2011
Growth is set to accelerate even faster with Mercer’s recent acquisition of Hammond Associates
By Claire Makin
In early 2009, with parts of the hedge fund industry poised to
implode, global investment consultant Mercer calmly set about
expanding its new alternatives manager research boutique. Far
from seeing a dramatic drop-off in hedge fund searches by
pension fund clients, Mercer continued to work on assignments
to select managers and construct hedge fund portfolios.
"We saw client activity continue, and we committed resources
to growing the group," confirms David Kaposi, who heads
Mercer's alternatives boutique from the firm's Toronto
Just how serious Mercer is about growing its alternatives
business can be seen in the number and calibre of people it has
hired in the past two years. Two people were added to the team
in 2009, and nine more in 2010, bringing the total up to
In May 2010, Mercer appointed Bill Muysken to a new role as
ISSN: 2151-1845 / CDC10004H
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