Marsh’s Mercer Raises $3.8 Billion for Private Investments (1)

Marsh & McLennan Cos’ Mercer has raised just over $3.8 billion for private investments.

Mercer Private Investment Partners VIII has drawn capital commitment from institutional investors including wealth managers, endowments, insurers and pension funds, according to a statement reviewed by Bloomberg News. The fund will invest in private equity, private debt infrastructure and real estate, the statement shows.

The vehicle will take advantage of the recent market dislocation on the back of a technology selloff due to artificial intelligence disruption and geopolitical challenges, Garvan McCarthy, Mercer’s global alternatives chief investment officer, said in an interview.

“Geopolitical landscape have ...