Private equity specialist Ray King is leaving Mercer today, after three years at the firm as partner.
His role has been cut due to the global restructure of the private markets group at Mercer following the acquisition of SCM, a provider of advice in private equity, real estate and infrastructure, in November 2014.
King announced his departure in a note to colleagues today, in which he said he had no immediate plans on what to do next.
Separately, he told Investment Magazine: “Whilst I don’t have any immediate plans I would like to stay in the industry, but probably the broader investment industry.” He also quipped: “Some friends are pushing me to open a wine bar – plenty of industry customers.”
King has worked with investors to help build diversified portfolios of alternative assets. He joined Mercer from his firm Sovereign Investment Research where he worked for 12 years.