Overview
Mercator Management (USA) LP (hereinafter “Mercator”, “Investment Manager”, “we”, “us”,
“our” or the “Firm”) is organized as a Delaware limited Partnership with a principal place of
business in Princeton, New Jersey.
We serve as the investment adviser, with discretionary trading authority, to private, pooled
investment vehicles, the securities of which are offered through a private placement
memorandum to accredited investors, as defined under the Securities Act of 1933, as
amended, and qualified purchasers, as defined under the Investment Company Act of 1940,
as amended. We do not tailor our advisory services to the individual needs of any particular
investor.
Mercator will provide discretionary investment management services through its private
funds:
• Mercator Convergence Fund, LP, Cayman Islands exempted limited partnership, (the
“Master Fund”).
• Mercator Convergence (Onshore) Fund, LP, a Delaware domiciled limited partnership (the
“Onshore
Feeder”).
• Mercator Convergence Offshore Fund, LP, a Cayman Islands domiciled limited partnership
(the “Offshore Feeder”)
• SMID Energy Transition Fund, LP, a Delaware domiciled limited partnership (the “SMID
Fund”).
The above-mentioned funds are herein each referred to as a “Fund” or “Client”, and
collectively referred to as the “Funds”, the “Partnership”, or the “Clients”. Mercator
Convergence GP LLC, an affiliate of Mercator, is the general partner of the Fund. The Fund’s
“Limited Partners” are hereafter collectively referred to as the “Investors” where
appropriate.
Our investment decisions and advice with respect to the Fund are subject to the Fund’s
investment objectives and guidelines, as set forth in its respective “Offering Documents,”
which may include without limitation private placement memoranda and limited partnership
agreements.
As of December 31, 2023, Mercator’s regulatory assets under management are $278,137,652.