Mercer Investment Consulting this week terminated four members of its alternative research group as a result of its January acquisition of an alternatives consulting firm Hammond Associates, sources said.
Jeffrey Gabrione, principal, Mercer's research team and global investment leader for Mercer's alternative alpha boutique; Stephen Jones, principal, hedge fund multistrategy research; Catherine Beard, investment analyst; and Benson Hua, investment analyst, private equity; were terminated earlier this week, sources said.
The four could not be reached for comment by press time.
Mercer spokesman Charles Salmans declined to comment. “Staffing decisions are proprietary,” he said.