Mercer announced Wednesday several senior appointments, including two new CIOs and two team heads.
The firm named Garvan McCarthy to the newly created role of global alternatives CIO, where he will lead the firm’s global alternatives platform. He has been Mercer’s CIO for the Europe, Middle East, and Africa and the Asia regions since 2022.
McCarthy, who is based in Dublin and has been with the firm for more than 30 years, will continue in his role as EMEA and Asia CIO until a successor is announced and also continue as co-CEO of Mercer Alternatives AG.
Additionally, Andrew McDougall is the new U.S. CIO, who will lead the firm’s investment capabilities in the U.S. Previously, McDougall was global head of multi-asset. Succeeding McDougall in that role is Mike Sebastian, who was formerly the head of investment solutions at investment adviser Syntrinsic. Sebastian will lead Mercer’s global teams responsible for total portfolio construction across public and private asset classes.
In addition, Mercer named Kam Chang as head of its investment partnerships group, where he will oversee professionals working with clients that have large and complex investment mandates. Chang joined Mercer as part of the firm’s acquisition of SECOR Asset Management last year.
“We have a strong team and a deep bench of talent with complementary experience,” said Niall O’Sullivan, Mercer’s global solutions CIO, in a statement. “Together, these leaders will help us continue to drive innovation, scale our differentiated investment solutions, expand our clients’ access to private markets solutions and deliver client service excellence.”
 |
Mercer to Acquire Investment Consultant SECOR Asset Management |
 |
Mercer Seeks New US CIO |
 |
Franklin Templeton Taps Mercer’s Longtime OCIO Boss |
Tags: Mercer