REG - Mercia Asset Mgt PLC - Mercia appoints Head of Institutional Distribution

Mercia Asset ManagementAnnouncement

04/03/2025 07:00

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RNS Number : 1584Z  Mercia Asset Management PLC  04 March 2025

RNS
 
                                   4 March
2025

Mercia Asset Management PLC

 

("Mercia" the "Company" or the "Group")

 

Mercia appoints Head of Institutional Distribution

 

Mercia Asset Management PLC (AIM: MERC), the regionally focused, specialist
alternative asset manager with over £1.8billion of assets under management,
is pleased to announce the appointment of Dean Heaney as Head of Institutional
Distribution.

 

Dean will lead Mercia's distribution strategy across its venture, debt,
private equity and real assets strategies.

 

Dean most recently led the UK institutional business at Franklin Templeton, a
$1.5trillion asset manager, with expertise across both public and private
asset classes. Prior to his tenure at Franklin Templeton, Dean was Head of
Government and Strategic Institutions at Invesco. Over the course of his
career, he has developed deep expertise working with a broad range of
institutional investors including pension funds, insurance companies,
endowments, and family offices.

 

Mark Payton, Chief Executive Officer of Mercia, said: "Dean is an outstanding
appointment for Mercia and he will play an important part in our strategy to
accelerate the growth of our assets under management. Mercia's track-record,
UK-wide footprint and capabilities across a broad range of asset classes make
us highly relevant for institutional investors in particular. Dean will bring
focus and expertise to our distribution capabilities and I look forward to
working with him."

 

Dean Heaney commented: "I am delighted to have joined Mercia at such a pivotal
time for UK private assets. The opportunity to drive growth in a business
dedicated to further unlocking the potential of UK companies across venture,
debt, private equity and real assets is very exciting. I see significant
potential to position Mercia as a trusted partner to institutional investors
and I look forward to working with the team to build upon Mercia's success, to
deliver value for our clients and shareholders."

 

-Ends-

 

For further information, please contact:

 

 Mercia Asset Management PLC                          +44 (0)330 223 1430

 Mark Payton, Chief Executive Officer

 Martin Glanfield, Chief Financial Officer

 www.mercia.co.uk (http://www.mercia.co.uk/)

 Canaccord Genuity Limited (NOMAD and Joint Broker)   +44 (0)20 7523 8000
 Simon Bridges, Emma Gabriel

 Singer Capital Markets (Joint Broker)                +44 (0)20 7496 3000
 Charles Leigh-Pemberton

 FTI Consulting                                       +44 (0)20 3727 1051
 Tom Blackwell, Jenny Boyd
 mercia@fticonsulting.com

 

About Mercia Asset Management PLC

 

Mercia is a proactive, specialist alternative asset manager focused on
supporting regional SMEs to achieve their growth aspirations. Mercia provides
capital across its four asset classes of venture, debt, private equity and
proprietary capital: the Group's 'Complete Connected Capital'.

 

The Group has a strong UK footprint through its regional offices, university
partnerships and extensive personal networks, providing it with access to
high-quality deal flow.

 

Mercia Asset Management PLC is quoted on AIM with the EPIC "MERC".

 

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