Mercer, a unit of Marsh & McLennan, closed Mercer Private Investment Partners VIII LP with about $3.8 billion in capital commitments. The fund is the eighth in Mercer’s PIP series and invests across private equity, private debt, infrastructure and real estate. It includes onshore and offshore vehicles to serve U.S. and non-U.S. investors. The strategy targets primaries, co-investments and secondaries to provide diversified exposure within a single structure.PIP VIII drew commitments from ins...
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