Berkshire Global Advisors acted as financial advisor to Mercatus, Inc.
Mercatus is a premier front-and-middle-office solutions and data management provider for private market managers. Mercatus has operations in the US, UK, and India, and manages more than $1 trillion invested capital across its global private markets client base. Mercatus’s client base includes some of the most sophisticated managers in private equity, infrastructure, real estate and private debt.
State Street Corporation (NYSE: STT) is one of the world’s leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $42.6 trillion in assets under custody and/or administration and $3.9 trillion in assets under management as of June 30, 2021, State Street operates globally in more than 100 geographic markets and employs approximately 39,000 worldwide.
Mercatus’s focus and solution for private markets augments Charles River Development’s (“CRD”) market leading platform for public markets, enabling CRD to support clients across the full spectrum of their investment needs. The solution will also reach across key areas such as cloud-based asset management, deal management, ESG, investor relations and portfolio monitoring allowing clients to make faster and more informed investment decisions as well as improve client service levels with better responsiveness and transparency. In addition, it will enable CRD’s clients to have more granular visibility into asset and fund level data to help solve challenges caused by increased fund complexity, more sophisticated investors, the need for better transparency and regulatory obligations.