Mercer Expands Private Markets Reach with AltamarCAM Acquisition

Mercer, an investment and consulting business of Marsh McLennan, is acquiring private markets manager AltamarCAM for $22 billion in assets. The deal aims to enhance Mercer's capabilities across secondaries, co-investments, evergreen strategies, and tailored mandates. AltamarCAM's global reach and specialist expertise will complement Mercer's existing private markets offerings, making it a leading global private markets solutions and advisory firm.