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Deals and People October 9, 2012
Mercer Hammond Appoints Nonprofit Leaders
October 9, 2012 (PLANSPONSOR.com) – Mercer Hammond named national segment leaders of not-for-profit health care, higher education endowments, and foundations segments.
Reported by Kristen Heinzinger
Key responsibilities for these leaders include heading research teams that identify and incorporate the firm’s best investment ideas into client portfolios within their respective segments.
Rich Marra was named leader of not-for-profit health care, and will focus on the systems’ endowments, retirement funds and operating pools. He brings 22 years of experience in corporate finance and 15 years of institutional investment experience. Previously, Marra was an assistant treasurer and director of pension investments at a major U.S. corporation.
Chris Adkerson, leader of higher education endowments, has 16 years of experience, and received his chartered financial analyst (CFA) and chartered alternative investment analysis designation.
Russ LaMore will serve as consultant to a select group of not-for-profit clients in the foundations and endowment segments. LaMore has 23 years of industry experience and received his CFA designation.
Mercer now serves more than 240 clients globally in these new segments with $43 billion in assets. For more information, visit www.mercer-hammond.mercer.com.