Marsh expands wealth offering with Wilshire acquisition

Résumé détaillé

Mercer Super's parent company Marsh will acquire US investment consultant Wilshire from its private equity owners Motive Partners and CC Capital.

Mercer Super's parent company Marsh will acquire US investment consultant Wilshire from its private equity owners Motive Partners and CC Capital.

Marsh said the acquisition expands the reach of the investments business into the adviser-led wealth segment and adds analytics and alternative investment capabilities, while strengthening its offering to institutional investors across public and private retirement plans, endowments, and foundations.

"The acquisition of Wilshire is an important step in growing Marsh's investments business and strengthening our connection to the financial adviser ecosystem," Marsh chief executive John Doyle said.

"By combining Wilshire's capabilities with our global reach, open architecture, and expertise across public and private markets, we can help clients make better decisions and build resilient portfolios in an increasingly complex investment environment."

Wilshire provides multi-asset advice, alternatives, and indexes with proprietary data, technology, and analytics. It has US$221 billion ($322bn) in assets under management and US$1.6 trillion ($2.3tn) in assets under advisement.

Wilshire chief executive Jason Schwarz said: "Wilshire has spent more than five decades building innovative, institutional-quality investment capabilities and delivering them to clients across institutional, wealth, and retirement markets.

Now is the time to join with Marsh, and through its global reach and resources, extend our platform, broaden our capabilities, and serve clients across the investment value chain."

Marsh recently also completed the acquisition of AltamarCAM, a specialist private markets asset manager, taking its private market assets under management to US$75 billion ($109bn).

AltamarCAM is a global private markets business serving insurers, family offices, pension funds, foundations, banks and other institutional and wealth clients across Europe and Latin America.

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