Slaughter and May advised Mercer, a part of the Marsh & McLennan Companies group, on Hong Kong legal and regulatory aspects of its transaction to acquire SCM Strategic Capital Management AG (SCM). Slaughter and May worked alongside Niederer Kraft & Frey AG.

Mercer is a consulting firm that advises clients in relation to human resources and related retirement and investments services. As at 30 September 2014, Mercer had US$108 billion in assets under management, including US$13 billion in alternative assets under management. The transaction to acquire SMC is expected to close in 2015, subject to certain conditions and regulatory approvals.

SCM is a specialist private markets investment advisory and fund management company incorporated in Zurich, Switzerland. Since its founding in 1996, SCM has invested approximately US$11 billion in private markets funds. SCM advises on or manages portfolios with an NAV of US$4 billion as of 31 March 2014. It has offices in Luxembourg and a representative office in Seoul. SCM’s Hong Kong subsidiary is licensed by the Securities and Futures Commission to carry on regulated activity in Hong Kong.

CONTACTS

Corporate: Jason Webber (partner), Johnathan Lai (associate)