Asset Manager

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Federated Hermes

Federated Investors, Inc. manages $401.8 billion in assets as of June 30, 2009. The firm offers 155 funds and separately managed account options to over 5,300...

Federated Hermes

Federated Investors, Inc. manages $401.8 billion in assets as of June 30, 2009. The firm offers 155 funds and separately managed account options to over 5,300 institutions and intermediaries. Federated Investors has made 45 investments, including a Series B investment in Laronde on August 30, 2021, and has exited 27 portfolios, with Cerevel Therapeutics being its latest exit on August 01, 2024.

General information

Firm type

Asset Manager

Year founded

1955

Location

Region

North America

Country

United States

City

Pittsburgh

Corporate office

Pittsburgh, PA, United States

Additional offices

New York, NY, United States

Principals

J. Christopher Donahue

President and Chief Executive Officer

John B. Fisher

Vice Chairman

Sector focus

Asset ManagementFixed IncomeEquitiesMoney MarketsESG

Frequently asked questions

Who controls Federated Investors despite it being publicly traded?

The Donahue family controls Federated through a dual-class share structure. As of 2023 filings, the family holds about 12% of total equity but commands 70% of voting power, allowing multi-generational strategy continuity (per SEC filings, 2023).

How does Federated generate proprietary deal flow?

Federated sources investments primarily through internal research teams and relationships with institutional clients, not a traditional family-office network. Its deal flow is centered on public fixed-income and equity markets, not private direct deals.

Does Federated participate in fund commitments or only direct investments?

Federated operates as a traditional asset manager, not as a direct investor. It offers mutual funds and separate accounts managed on behalf of institutions and retail clients. No public record of Federated making principal-account direct investments.

What investment stages does Federated typically target?

Federated targets publicly traded securities across all cap sizes, with a focus on fixed income and large-cap equities. It does not engage in venture or growth-stage private equity (per the firm's public strategy documents).

Which sectors does Federated explicitly focus on or avoid?

Federated does not publicly disclose sector exclusion lists outside of its ESG funds. Its core sectors are financial services, municipal securities, and corporate bonds. It explicitly does not invest in private companies.

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