Private fund manager Mercia gears up for boost from Mansion House Compact asset management Mercia Asset Management has said it plans to reclassify as a trading company and cease to be an investing company as the firm focuses on its profitable funds under management.
Mercia wins additional British Business Bank contracts to boost growth in Yorkshire and the Humber Business London-based asset manager Mercia has won two more regional investment fund mandates from the British Business Bank.
Mercia’s venture capital trusts raise £60m as investors bulk up exposure to private businesses Venture capital Mercia Asset Management has raised £60m for three of its venture capital trusts focused on the North of England.
Mercia AM secures £207m in British Business Bank contracts for Midlands investments February 29, 2024 The specialist asset manager will be managing the Midlands Engine Investment II funds, after winning the procurement process.
