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Mercer, a business of Marsh McLennan (MMC), announced that it reached an agreement to acquire SECOR Asset Management, a global provider of bespoke strategic and portfolio solutions. Terms of the transaction, which is expected to close in the second quarter of 2025, subject to regulatory approvals and client consents, were not disclosed. As part of the agreement, SECOR’s more than 40 colleagues in New York and London will join Mercer upon completion of the transaction.
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