Our investment strategy

Disciplined capital. UK-wide impact

UK's private capital landscape

At Mercia, we take a whole-market view of the UK’s private capital landscape and a targeted approach to deploying institutional and retail capital across venture, private debt, private equity and property development finance. We combine local insight with national scale, supporting businesses at different stages of development, while offering investors diversified access to underserved segments of the UK economy.

Our conviction remains: the regional disparity is a national opportunity.

Our strategies

Venture capital

We back early-stage, IP-rich businesses through EIS, VCT and public-sector funds. Focus areas include:

  • Life Sciences & Health
  • Software & AI
  • Deep Tech
  • Consumer Innovation

Private debt

Through Frontier Development Capital and Mercia Business Loans, we offer:

  • Senior and stretch senior loans
  • Growth capital lending
  • Property development finance

Private equity

Growth capital for established, profitable UK SMEs (enterprise values typically <£20m). We support:

  • Leadership transformation
  • Buy-and-build strategies
  • Organic expansion

Property development finance

Our property lending strategy funds regeneration and development projects across the UK, with a focus on:

  • Brownfield redevelopment
  • Strategic land and commercial projects
  • Secured, downside-mitigated debt structures

Looking to invest?

Mercia Evolution Fund

Raising second close for private debt fund

Property Fund

High-quality, secured national property lending opportunities

Performance with purpose

Our multi-asset platform delivers not just capital — but governance, strategic support and long-term value creation.

£ 2.19 bn +

Over £2.19bn deployed

5189

Transactions completed

£ 800 m +

£800m+ returned to investors

9.6 x

Realised returns up to 9.6x in Private Equity

£ 526 m +

£526m under VCT and EIS management

What sets us apart

Regional deal flow

Proprietary deal flow through 11 UK regional offices

Collaborative, multi-asset expertise

Multi-asset class capability with shared insight and cross-platform collaboration

Deep sector knowledge

Sector expertise embedded within investment teams

Active value creation

Active stewardship, board participation and exit planning

ESG at the core

ESG embedded across every strategy

Institutional trust & public mandate

Trusted by leading institutions and government-backed programmes

A platform for institutional capital

Our FCA-regulated systems have been designed to meet the ambitions of pension funds, asset managers, insurers, endowments and consultants.

We offer:

  • Regional impact and national scale
  • Place-based investment aligned with community outcomes
  • Custom mandates, co-investment rights and reporting
  • Governance processes that meet institutional standards

From innovation to infrastructure – supporting growth at every stage

We started with early-stage venture. Then expanded into private equity and SME lending. Then into VCTs. Then into private debt and property finance. Every step was a strategic response to a funding gap. Today, our integrated model means we can support UK companies across their full lifecycle, whether it’s a university spinout, a mid-market buyout or a housing development project.

Whether it’s financing a scaleup in Sheffield or supporting brownfield regeneration in the West Midlands, we deliver at scale and with purpose.