Federated Hermes, Inc. completes acquisition of 80% majority interest in FCP Fund Manager, L.P.

FCP ® is a privately held multifamily real estate investment manager with client assets of $3.5 billion (December 31, 2025) Extends Federated Hermes' real estate footprint into major US markets, complementing its long-established UK platform Strengthens Federated Hermes' commitment to expanding its private markets/alternatives capabilities, particularly in the United States Expands FCP's institutional platform to support its continued growth PITTSBURGH, April 9, 2026 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced the completion of its previously announced acquisition of an 80% majority interest in FCP Fund Manager, L.P. (FCP ® ), a privately held US real estate investment manager based in Chevy Chase, Maryland.