Mercer to Acquire SCM Strategic Capital Management

November 24, 2014

On November 21, 2014, Mercer announced that it had agreed to acquire Swiss-based investment advisor SCM Strategic Capital Management AG.

On November 21, 2014, Mercer, a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), announced that it had agreed to acquire SCM Strategic Capital Management AG (“SCM”), an independent Swiss-based investment advisor and solutions provider for institutional investors.

Mercer operates in more than 130 countries worldwide, with assets under management of approximately $108 billion. SCM is based in Zurich and has offices in Luxembourg and Hong Kong. The firm is a leading investor for private market fund investments and advises on or manages portfolios with a net asset value of $4 billion.  

The acquisition is subject to purchase agreement conditions and regulatory approval. Terms of the transaction, which is expected to close in the first quarter of 2015, were not disclosed.

To view the press release, please click here.


Investment Manager M&A, Transactions