10 February 2023
Neuberger Berman Capital Solutions Completes Direct Investment in Mercer Advisors

New York, NY, February 10, 2023 – Neuberger Berman Capital Solutions (“NB Capital Solutions”) announced a direct growth investment in support of Oak Hill and Genstar-backed Mercer Advisors (“Mercer” or the “Company”).  Mercer is a wealth management and financial planning firm that provides comprehensive, fee-based investment management, financial planning, as well as tax and estate services. Mercer manages approximately $50 billion in client assets. NB Capital Solutions participated in the equity raise to fund a series of accretive acquisitions.

“The Mercer acquisition represented an opportunity for us to invest behind a seasoned management team that has proven an ability to execute on both organic and inorganic growth strategies” said Nikhil Krishnan, Managing Director, NB Capital Solutions. “NB Capital Solutions is excited to participate in this transaction and continue our longstanding partnership with Oak Hill and Genstar.”

Latham & Watkins LLP served as legal advisor to NB Capital Solutions.

Contact a member of the team to learn more.