Mercury Capital Advisors Announces Four Senior Hires for Distribution Team
Mercury Capital Advisors today announced that it has added four senior professionals to amplify distribution efforts for the firm.
Matthew Haimes, based in London, Jill Cohen and Jennifer Tunney, both based in New York, have joined the firm as Partners, while Sara Modalal, based in Dubai, has joined as Principal. All four hires joined in Spring 2021.
"These four new team members bring decades of invaluable industry experience across institutional asset raising, investor relations and client solutions. We are excited to see the value Matt, Jill, Jen and Sara will add as Mercury continues its commitment to excellence and to our clients," said John Franklin and Enrique Cuan, Managing Partners at Mercury.
Prior to joining Mercury, Mr. Haimes was Global Head of Investor Partners at Safanad, a $2bn PE and RE investment firm, and held a similar position at Quilvest. He previously served as Head of European Consumer Groups in Corporate Finance at both Morgan Stanley and Deutsche Bank. Mr. Haimes also managed the group at JP Morgan's (News - Alert) Private Bank that oversaw relationships with both single family offices and financial sponsors in London, and ran UHNW private banking for the UK and Nordics at Credit Suisse.
Ms. Cohen was previously Senior Managing Director at Avenue Capital Group, a $9B investment management firm specializing in credit, special situations and distressed investments. She also served as Managing Director at Pinnacle Trust Partners, an independent boutique placement agent for alternative investments. Other prior positionsinclude Director of Institutional Investments and Investor Relations at Salient Partners and Head of Capital Introduction for the Americas at Citigroup.
Before Mercury, Ms. Tunney was Managing Director in Private Markets Business Development at The Rohatyn Group, a $5bn+ emerging markets focused asset manager encompassing private equity, infrastructure, real assets and private credit. She has more than twenty years of investment banking experience after starting her career at JP Morgan and, during her time there, focused on credit, interest rates and commodity markets.
Ms. Modalal previously worked in the Dubai office of Principal Global Investors - a $550B+ global asset management firm - where she managed institutional sales for the Middle East and Africa region. Prior to that, Ms. Modalal spent five years at Deutsche Bank Asset Management in Frankfurt, Germany, where she was part of the Global Client Group, and dedicated her time focusing on German corporates and multinational clients.
These appointments continue to fuel Mercury's momentum in 2021 as the firm posted very strong first half results on the back of advising on several fund closings year to date.
About Mercury Capital Advisors
Mercury Capital Advisors is a leading global private fund and investment advisory firm. Founded in 2009 as a spinoff from the Merrill Lynch Private Funds Group, the firm assists general partners and limited partners in fundraising and secondary advisory, co-investment and direct deal placement. The firm specializes in alternative assets including private equity, real estate, infrastructure, credit, venture capital, secondaries and special situations investments. Mercury has advised on over 100 fundraisings and closed over $100bn in fund commitments since its inception in 2009.
With offices in New York, London, Singapore, Tokyo and New Delhi, the firm maintains strong relationships with a broad range of the world's pre-eminent institutional investors, including sovereign wealth funds, corporate and public pension plans, insurance companies, endowments, family offices, foundations, secondary funds, funds of funds and consultants.
Mercury Capital Advisors is a 100% owned subsidiary of Investcorp, a global investment manager specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes and infrastructure. As of March 31, 2021, Investcorp Group had US $35.4 billion in total AUM, including assets managed by third-party managers, and employed over 430 people from 45 nationalities globally across its offices in 12 countries spanning the US, Europe, GCC and Asia.