Jordan Nault Promoted to Global Leader of Hedge Fund Boutique;
Ben Thorndike Hired as North America Alternative Investments Leader
Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. (NYSE: MMC), announced the promotion of Jordan Nault to the role of Global Leader of Mercer Investment’s Hedge Fund boutique. Mercer also announced the appointment of Ben Thorndike as North America Alternative Investments leader.
Jordan will remain in Chicago, where she is currently based, and she will report to Mercer Investment’s global head of research, Deb Clarke. Ben, who will be Boston based, begins his role today and is reporting to Troy Saharic, Regional Sales Leader for Mercer Investments in North America.
“We are delighted to announce Jordan’s promotion. We look forward to having her lead the team in establishing and monitoring strategic research priorities and ongoing manager research coverage.” said Deb Clarke, Global Head of Investment Research for Mercer. “Her track record at Mercer, which spans nearly a decade, reflects a history of consistent commitment to serving our clients and supporting our investment team with her expertise.”
Jordan has been with Mercer since 2006. She started her career at Mercer in New York and relocated to Chicago in order to pursue her MBA at the University Of Chicago Booth School Of Business (graduated in 2011). Jordan has experience as a senior investment consultant and has worked with a wide variety of sophisticated institutional clients. She has served as the chair of the Target Date Fund Strategic Research Team since 2012 and has been instrumental in developing a process to support target date fund research coverage. She is also a member of the Alternatives Strategic Research Team and Defined Contribution Committee, where she has been actively involved in leading Mercer’s research in liquid alternatives.
“We welcome Ben to our investments team and look forward to having clients and colleagues benefit from his deep knowledge of the alternatives sector.” said Troy Saharic, Regional Sales Leader for Mercer Investments, North America. “As we continue the growth trajectory in our investments business, Ben’s 30 plus years of investment expertise will enhance our offerings.”
Ben Thorndike has been appointed North America Alternative Investments leader, with responsibility for marketing and sales in North America for Mercer’s private equity, private debt, hedge funds, real estate and infrastructure research, advice and delegated solutions. Previously, Ben was with FOC Partners and prior to that role, he held positions with Huntsman Gay Global Capital and Bain Capital. Ben has more than 30 years’ investment experience.
Mercer’s Hedge Fund boutique comprises a global network of full-time hedge fund manager researchers who formerly formed part of Mercer’s Alternatives boutique. The private market researchers who also previously worked in Mercer’s Alternatives boutique moved into Mercer Private Markets (“MPM”) earlier this year.
In November 2014, Mercer announced the acquisition of SCM Strategic Capital Management AG (SCM), a Swiss-based specialist private markets advisor and delegated solutions provider. Once this acquisition was completed in early 2015, Mercer formed MPM, a global center of excellence for private markets investments, to bring together the SCM and Mercer teams. MPM now operates as a global group within Mercer Investments, bringing together private markets manager research, portfolio management, and investment operations expertise. The Investments group of MPM integrates manager research and portfolio management functions into a single team following a best-in-class approach to private markets investing.
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset—their people. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With 57,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.
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