Asset ManagerRIA · CRD 169087SEC-RegisteredPrivate Fund Adviser

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Federated Hermes

Federated Hermes is an SEC-registered investment adviser in London, registered since 2013. It manages $24.7 billion in regulatory assets.

Federated Hermes

Federated Hermes is an SEC-registered investment adviser in London, registered since 2013. It manages $24.7 billion in regulatory assets. The firm has 11 employees and 8 investment advisers.

General information

Firm type

Generic

Year founded

1955

AUM

$790.6B (per public record, 2024)

Location

Region

North America

Country

United States

City

Pittsburgh

Corporate office

Pittsburgh, PA, United States

Additional offices

London, United Kingdom · New York, NY, United States · Boston, MA, United States

Principals

J. Christopher Donahue

President and Chief Executive Officer

Stephen F. Auth

Chief Investment Officer — Equities

Deborah A. Cunningham

Chief Investment Officer — Money Markets

Sector focus

Growth Capital

Frequently asked questions

What investment model does Federated Hermes use?

Federated Hermes operates as a manager of managers, selecting external sub-advisors to manage portfolios across growth capital, fixed income, and money-market strategies. This multi-manager approach is distinct from firms that run all strategies in-house (per public record).

Is Federated Hermes a single-family office or a public asset manager?

Federated Hermes is a publicly-traded asset manager listed on the New York Stock Exchange, not a family office. It went public in 1997 and its largest shareholders are institutional investors and the public markets (per public record).

What are Federated Hermes's key business segments?

The firm operates three primary segments: equity strategies (including growth capital), fixed income, and money market / cash management. It also has a dedicated responsible-investment division through its Hermes subsidiary, based in London (per public record).

Who leads investment decisions at Federated Hermes?

Stephen F. Auth serves as Chief Investment Officer for Equities, and Deborah A. Cunningham is Chief Investment Officer for Money Markets. J. Christopher Donahue is President and CEO, overseeing the firm's overall direction (per public record).

Does Federated Hermes manage or originate private capital?

Federated Hermes primarily manages public-market and liquid strategies, including money-market funds and mutual funds. Its exposure to growth capital is typically through equity-focused sub-advisors rather than direct private-deal origination (per public record).

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