INDUSTRY SPOTLIGHT: How the DNA of Mercury lives on across the hedge fund world

Mon Apr 16, 2012

DATA INCLUDES: Diagram of Mercury diaspora, Hedge funds of the Mercury diaspora, BlackRock current list of hedge funds

Barry Cohen, special reports editor, HedgeFund Intelligence

Peter Davies
Stuart Roden
Investment management can be a capricious business. Firms regularly emerge, some occasionally merge and others might even disappear, erasing the memory of once venerable institutions. However, Mercury Asset Management – which grew initially out of the SG Warburg banking group in London – and the particular culture that it nurtured achieved a legendary status in its time and its legacy lives on within the hedge fund industry.

Despite the firm’s cultural dilution after its takeover by Merrill Lynch Investment Managers and the subsequent merger of Merrill with BlackRock, a good deal of the Mercury DNA has stubbornly survived throughout these various incarnations.

An impressive roster of Mercury alumni have made a significant contribution to the rapid growth of the European hedge fund industry since the early wave of manager departures following the Merrill acquisition in 1997. Peter Davies and Stuart Roden,...

ISSN: 2151-1845 / CDC10004H

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