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Federated Hermes (UK) LLP
Federated Hermes traces its UK roots to 1983, when the firm was established as a boutique investment manager.
Federated Hermes (UK) LLP
Federated Hermes traces its UK roots to 1983, when the firm was established as a boutique investment manager. The 2018 merger of Federated Investors and Hermes Investment Management created the current structure, with Saker Nusseibeh leading the UK operations and J. Christopher Donahue as group CEO. The firm's wealth originates from its publicly traded parent, not a single family fortune. The strategy spans public equities and fixed income (the core business) and a growing alternatives platform. The firm's Hermes GPE unit makes direct private equity investments, while the credit team originates private debt. Confirmed positions include holdings in infrastructure assets via Hermes Infrastructure and real estate through Hermes Real Estate. Geographic focus is Europe-first for alternatives, with public-markets activity global in scope. Total AUM stood at $782B as of 2024, per the firm's annual report. The UK office employs several hundred professionals across investment, stewardship, and operations. Related vehicles include the Hermes EOS stewardship service and the Hermes Impact Opportunities Fund. May 2024: Federated Hermes published its 2024 Stewardship Report, detailing engagement with 1,500+ portfolio companies. The structural differentiator is the integration of stewardship as a revenue-generating service line, not just a compliance function. Hermes EOS advises institutional clients on engagement and voting, generating fee income alongside asset-management fees. This creates two distinct revenue streams — a model unusual among traditional asset managers.
General information
Firm type
Asset Manager
Year founded
1983
AUM
$782B (per Federated Hermes, 2024)
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Additional offices
Pittsburgh, PA, United States · New York, NY, United States · Tokyo, Japan · Hong Kong, China · Dubai, United Arab Emirates
Principals
Saker Nusseibeh
Chief Executive, Federated Hermes International
J. Christopher Donahue
President & CEO, Federated Hermes, Inc.
Sector focus
Frequently asked questions
Who runs investment decisions at Federated Hermes (UK) LLP?
Saker Nusseibeh serves as Chief Executive of Federated Hermes International, overseeing the UK and European operations. J. Christopher Donahue is President & CEO of the parent Federated Hermes, Inc., based in Pittsburgh. The alternatives investment decisions are made by separate teams: Hermes GPE for private equity, Hermes Infrastructure for infrastructure, and Hermes Real Estate for property.
How does Federated Hermes source proprietary deal flow?
The firm's Hermes GPE partnership sources private equity deals through a network of European relationships. Its infrastructure and real estate teams originate directly from sponsor networks and sector specialists. The stewardship service Hermes EOS provides engagement intelligence that informs public-market portfolio decisions.
Is Federated Hermes structured as a single family office or does it operate more like a venture firm?
Neither — Federated Hermes is a publicly listed asset manager (NYSE: FHI) operating through a UK LLP structure. It manages money for institutional clients including pension funds, endowments, and sovereign wealth funds, not a single family fortune.
Does Federated Hermes participate in fund commitments or only direct deals?
The firm uses both structures. Its public-markets business manages mutual funds and separate accounts. The alternatives platform, including Hermes GPE, makes direct private equity investments, co-investments, and fund-of-funds commitments. The credit team originates and syndicates private debt.
What investment stages does Federated Hermes typically target?
In public markets, it covers all stages from large-cap to small-cap equities and all fixed-income categories. In alternatives, Hermes GPE targets middle-market European buyouts and growth equity. Infrastructure investments are typically in core and core-plus assets. Real estate focuses on UK and European direct property.
Which sectors does Federated Hermes explicitly avoid?
The firm publicly states exclusion of controversial weapons and tobacco in its stewardship policies. Its sustainable investing framework screens for ESG controversies, though specific sector bans beyond these are not universally applied across all mandates.
How does the Hermes EOS stewardship service differ from standard proxy advisors?
Hermes EOS is a fee-based engagement service that goes beyond voting recommendations — its team of analysts actively engages with portfolio companies on environmental, social, and governance issues across 1,500+ holdings. It is operated as a separate business line within Federated Hermes, generating recurring revenue distinct from asset management fees.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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