Mercer Commits £350 Million to New Private Assets Growth Fund

Reuters12-15 18:39
Mercer Commits £350 Million to New Private Assets Growth Fund

Mercer, a business of Marsh McLennan, has announced plans to invest an initial £350 million in the new Schroders Mercer Private Assets Growth Long-Term Asset Fund (LTAF) through its UK master trusts. The LTAF aims to increase members' access to private market investments, including private equity and infrastructure equity assets, with the goal of enhancing long-term returns and supporting better retirement outcomes. The fund is anticipated to launch in the first quarter of 2026, pending regulatory approval, and represents a significant step in Mercer's expansion into private market investments.

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