NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Atlantic-Pacific Capital Inc., the largest privately-owned global placement agency and advisory firm, is pleased to announce the final closing of Mercer Real Estate Partners II with £235 million of capital commitments. The Fund gained commitments from a diverse group of investors including US endowments, UK public pension funds, corporate pension funds and global investment management groups. The capital is evenly spread between Europe and the US. Atlantic-Pacific Capitalserved as the exclusive global placement agent.
Mercer Real Estate Partners was established in 2010 to efficiently capitalise on UK property market distortions across a range of investment types. The founders have built a platform with a long-term institutional presence that merges direct, dedicated on-site management with disciplined operational practices and rigorous transaction analysis. The group seeks to proactively source, manage and exit “below the radar” opportunities throughout the UK.
Brandon Hollihan, Co-Founder with Michael Kovacs, said, “We are honored to have the backing of a strong group of limited partners and appreciate Atlantic-Pacific’s hard work and advice prior to the launch of the Fund and during the fundraising period as the due diligence standards from investors were extremely high.”
Alex Hurst, Principal at Atlantic-Pacific, said, “Atlantic-Pacific identified a unique manager largely unseen by institutional investors that was at a confluence in its organic growth phase. The founders had built an exceptional track record that exhibited a differentiated approach to pricing and controlling risk along with that rare facet of true vertical integration. It has been rewarding working as both an advisor and an agent to build the capital base for this outstanding group.”
Brendan Edmonds, Partner at Atlantic-Pacific, added, “We are thrilled to have partnered with Mercer Real Estate Partners on their capital raise. The quality of global, blue-chip investors that supported the Fund speaks to the accomplishments, capabilities and bright future of this talented team. We look forward to the firm’s continued success.”
About Atlantic-Pacific Capital, Inc. (www.apcap.com), Member FINRA and SIPC
Atlantic-Pacific Capital is the largest privately-owned global placement agency and advisory firm dedicated to raising capital for alternative investments. Since its founding in 1995, the firm has executed more than 80 capital raising assignments aggregating over $60 billion for an extraordinary group of alternative asset managers. Typical mandates include private equity, real estate, real assets, natural resources and infrastructure fund placements. Atlantic-Pacific uniquely provides global marketing distribution and project management execution using a focused and customized approach. With experienced professionals located in New York, Greenwich CT, Chicago, San Francisco, San Clemente, Nashville, London and Hong Kong, Atlantic-Pacific maintains a global network of trusted relationships with influential institutional investors.
About Mercer Real Estate Partners (www.mercerrep.com/)
Mercer Real Estate Partners was founded in 2010 by Brandon Hollihan and Michael Kovacs who had formerly worked together at Westbrook Partners. The team of 17 investment professionals has over 150 years of combined experience in real estate investment and asset management. Mercer Real Estate Investments Limited is authorized and regulated by the Financial Conduct Authority.
