Mercia Asset Management

Mercia Asset Management is a regionally focused specialist asset manager. Its stated intent is to become the leading regional provider of supportive balance sheet, venture, private equity and debt capital in transaction sizes typically below £10m.

Industry outlook

Investor sentiment towards early-stage investors in general has remained negative in H119, with stocks typically trading at a meaningful discount to NAV. This has only been exacerbated by the recent fallout from Woodford, a major investor in the patient capital sector. In H219, we expect investors to continue to differentiate between stocks that offer the potential for meaningful exits in a realistic timeframe and those that do not.

Last updated on 17/10/2019