Mercer Advisors Private Asset Management

Mercer Advisors accesses private markets through a combination of fund commitments to institutional managers, direct co-investments, and proprietary alternative vehicles. The firm's investment office leverages its national network of wealth advisors and its relationships with private equity sponsors to identify opportunities. Sourcing is centralized through a manager research and due diligence function rather than through decentralized advisor-led deal flow.

Mercer Advisors operates as a multi-family office and registered investment adviser serving thousands of high-net-worth families across the United States. The firm integrates tax preparation, estate planning, and investment management under one roof — a structure that distinguishes it from single-family offices or standalone wealth managers.

Oak Hill Capital, a private equity firm, acquired a majority stake in Mercer Advisors in 2019. Prior to that, Genstar Capital was the controlling investor. In January 2024, Oak Hill Capital publicly signaled it was evaluating strategic alternatives, including a sale or recapitalization of the business (per Bloomberg, January 2024).

Mercer Advisors deploys capital into private markets through both fund commitments to third-party managers and direct co-investment opportunities. The firm does not operate in-house direct private equity funds; instead it curates access to institutional-quality funds and select direct deals for its wealth management clients.

Mercer Advisors allocates across private equity, private credit, and real estate. Within private equity, the firm targets middle-market buyout and growth equity strategies through fund commitments and co-investments. Real estate exposure spans commercial properties and multifamily developments, while private credit allocations focus on direct lending and specialty finance strategies.