Mercer Alternatives approves $71m commitment

The Zurich-based asset manager has backed an APAC-focused real estate fund.

Institution: Mercer Alternatives
Headquarters: Zurich, Switzerland
AUM: $21.2 billion
Allocation to alternatives: 62.0%

Mercer Alternatives has approved a A$100 million ($71 million; €62 million) commitment to Dexus Real Estate Partnership 1.

As illustrated below, Mercer Alternatives currently allocates 14 percent of its total investment portfolio to private real estate investments.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.