Mercer hires to ramp up U.S. OCIO business

Samantha Davidson has been appointed to lead Mercer’s U.S. Outsourced Chief Investment Officer (OCIO) business and will be responsible for implementing strategic initiatives, driving business development, and managing and expanding client relationships. The consulting firm’s OCIO business has grown in recent years and now totals more than $300 billion in AUM. Based in New York, Davidson reports to Chris Mahoney, senior partner and U.S. leader for Mercer’s wealth business. “In these uncertain times, many organizations need to focus on the core responsibilities of running their businesses, and that’s where our growing OCIO business can truly help,” said Mahoney. “As trusted advisors we partner with clients who want to outsource their investment decisions and operations, saving them time, improving governance, and reacting nimbly to rapidly changing markets.” He added that Davidson’s extensive financial and leadership experience will help the firm’s clients navigate the evolving market climate ahead. Prior to joining Mercer this month, Davidson was a managing director and head of client solutions for Goldman Sachs Personal Financial Management. She has spent more than 17 years at the firm in various roles within asset and wealth management divisions in including the delegated solutions and alternative investment and manager selection functions. Most recently, she led efforts to provide advice and wealth management solutions for the firm’s high-net-worth clientele. “The success of Mercer’s U.S. OCIO business is reflective of the growth we have seen for delegated solutions on a global scale, as institutional clients around the world understand the value that innovative and customized products and services can bring to them,” said Michael Dempsey, global commercial leader of investment solutions for Mercer’s wealth business. “We are confident that this trend is here to stay and that Samantha will play an integral role in driving our U.S. business forward at this important time for institutional investors everywhere.”

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