Mercer Advisors Launches In-House Private Markets Fund-of-Funds Platform
Mercer Advisors has launched Aspen Partners, a proprietary fund-of-funds platform for its wealthiest clients. This move reflects the growing trend among large registered investment advisers (RIAs) to act as their own general partners in private markets. By managing these investments internally, Mercer aims to reduce fees and apply institutional-grade due diligence.