Deals & People May 26, 2011

Mercer to Acquire Portions of Evaluation Associates

Mercer Investment Consulting, Inc. has signed an agreement with Milliman, Inc., to acquire portions of its wholly-owned investment consulting subsidiary, Evaluation Associates LLC.
Reported by

In a related transaction, Callan Associates Inc. will acquire Evaluation Associates’ public sector investment consulting business.  

Upon completion, this will be Mercer’s second acquisition of an investment consulting firm in 2011, having completed its acquisition of Hammond Associates in January (see “Mercer to Acquire Foundations and Endowments Consultant“). The Evaluation Associates acquisition further strengthens Mercer’s investment consulting in the U.S., the company reported. 

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The acquisition is expected to close on or near the end of the second quarter of 20111. Terms of the agreement were not disclosed.Evaluation Associates, based in Norwalk, Connecticut, has assets under advisement of approximately $200 billion and 115 clients.

Deals & People May 26, 2011

RPAG Adds ERISA Specialist to Consulting Team

Jason Jeskey, a former practicing Employee Retirement Income Security Act (ERISA) attorney, has joined the Retirement Plan Advisory Group (RPAG) as a Senior Plan Consultant and ERISA Specialist. 
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In this position, Jeskey will be responsible for providing support to RPAG adviser-members seeking guidance on technical issues, legislative and regulatory matters, and other fiduciary concerns that arise while serving plan sponsor clients. He will report to Joel Shapiro, Vice President of ERISA Compliance, who is also a former practicing ERISA attorney.

Before joining RPAG, Jeskey was an associate attorney with Brownstein Hyatt Farber Schreck in its Las Vegas office. During his tenure with Brownstein, he represented various multiemployer Taft Hartley trust funds and governmental trusteed plans in employee benefit matters, including qualified and tax exempt retirement plans (both defined benefit and defined contribution plans). Prior to this, he practiced law with Willkie Farr & Gallagher in Washington D.C.

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Jeskey earned his B.A. in mathematics from St. Mary’s College of Maryland; his JD from the University of Maryland; and his LL.M. in taxation from the Georgetown University Law Center

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