# Mercator Partners: portfolio, investments and team > Mercator Partners is a private equity based in United States. 1 investment on record, 1 in the last 12 months, latest Feb 2026. Source: https://millionrounds.com/fund/mercator-partners (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Mercator Partners Last cheque observed Feb 2026; 1 cheques on record. Email Private equity Deploying now Series A Series B Industrial IoT Additive Manufacturing Oil Follow Mercator Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fmercator-partners) Deploying now **100%** of best year **1** **cheques in 12 months**, 1 on record Since the last cheque **264** days **00** hrs **00** min **00** sec Median round **$33M** Rounds led **0 of 1** Pitch Mercator Partners ## Mercator Partners highlights - 01 1 cheques in the last 12 months - 02 Mostly Series A: 100% of its rounds ## What they do - **Type:** Private equity (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Series A Series B - **Sectors:** Industrial IoT Additive Manufacturing Oil - **Based in:** United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **1 appearances** - **2026** 1 round - **Feb** **[Alva Energy](https://millionrounds.com/company/alva-energy)** Series A · US · AlleyWatch **$33M** With 13 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **3 named** MF **Martin Fransson** Head of Primary Research, Limited Partner i Form ADV RJ **Ryan Joseph Kus** Chief Compliance Officer & Chief Operating Officer, Limited Partner i Form ADV SR **Scott Robert Hobart** Chief Investment Officer, Limited Partner i Form ADV We also hold **12** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$298M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Mercator Management (usa) LP - **SEC number:** CRD 318911 Funds on its Form ADV **2** private funds, **$278M** in gross assets · filed Jun 2024 - Mercator Convergence Fund, L.P. *Hedge* 2 investors $240M - SMID Energy Transition Fund L.P. *Hedge* 3 investors $38M ## The cheque Series A Series B Median round joined **$33M** the round, not its cheque Led 0 of 1 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Feb 2026 Rounds by stage said on their site - Series A said *1* - Series B said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Mercator Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Quick answers about Mercator Partners ### What does Mercator Partners invest in? Mercator Partners invests most often at Series A (100% of the rounds on record), in sectors such as Industrial IoT, Additive Manufacturing and Oil. ### How active is Mercator Partners? 1 investments on record, 1 of them in the last 12 months. The most recent was in Feb 2026. ### What has Mercator Partners invested in recently? Its most recent investments on record: Alva Energy (Series A, Feb 2026). ### How big are Mercator Partners's cheques? The median round it joins is $33M. ### Is Mercator Partners investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### What kind of investor is Mercator Partners? Mercator Partners is a private equity firm based in United States. ### How much does Mercator Partners manage? About $298M, as regulatory assets under management (Oct 2026). ### When was Mercator Partners founded? Mercator Partners was founded in 1998. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=mercator-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=mercator-partners)