trending Market Intelligence /marketintelligence/en/news-insights/trending/x8Br9idWVXqdiMi78mhfFg2 content esgSubNav
In This List

Private equity firm Oak Hill to buy stake in Mercer Advisors

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Private equity firm Oak Hill to buy stake in Mercer Advisors

Private equity firm Oak Hill Capital Management LLC agreed to acquire an equity stake in Mercer Advisors Inc. from its current owners Genstar Capital LLC and Lovell Minnick Partners LLC.

Financial terms of the transaction were not publicly disclosed.

Mercer Advisors focuses on the mass affluent and high-net-worth markets, and it currently has more than $16.5 billion in assets under management, according to a news release.

Goldman Sachs & Co. was the lead financial adviser for Mercer, while Moelis & Co. LLC assisted as financial advisers and Willkie Farr & Gallagher LLP was the legal counsel. UBS served as financial adviser to Oak Hill, while Paul Weiss Rifkind Wharton & Garrison LLP served as legal counsel.