Mercer More Than Halfway To Goal On PE Fund

Firm: Mercer Investment Management

Fund: Mercer Private Investment Partners III LP

Offering Amount: $150 million

Amount Raised: $78.8 million

Mercer Investment Management Inc. is more than halfway to its $150 million offering amount on its latest private equity fund, according to a Form D filed with the Securities and Exchange Commission.

It isn’t clear from the filing just what kind of private-equity fund it is. However, the nature of Mercer Investment Management’s business, which includes conducting manager searches for institutional investors, as well as the LinkedIn profile of the general partner ...

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