Preliminary Results 2019
With circa £500m AuM across the UK regions, we are pleased to announce our Preliminary Results this morning with a new name, ‘Mercia Asset Management PLC’ that reflects the next chapter of our evolution.
"These results mark the acceleration of Mercia's evolution towards becoming a profitable, proactive and regionally focused specialist asset manager. Across our four asset classes of balance sheet, venture, private equity and debt capital, we recorded our strongest level of deal completions and investments to date.
"We remain focused on progressing the top balance sheet direct investments and the pace and scale at which these are being developed. Since 2014 funds under management have grown from c.£22million to c.£381million, highlighting our track record and ongoing commitment to delivering balance sheet and fund value. With over £500million of assets under management, we are well resourced and have the team in place for our next stage of growth." Mark Payton CEO
Find out more – read our RNS announcement here.