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March 27, 2019  

Pension Advisors Ripe for More M&A Activity

A spurt of mergers and acquisitions among institutional-investment consultants reflects broad industry trends that likely will lead to further consolidation.That’s the consensus among industry professionals in the wake of four recent deals involving consulting firms that advise pensions and other institutions on their hedge fund investments (see listing on Pages 7-8). In the fourth quarter, Mercer snapped up smaller rivals Pavilion...

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