Hermes GPE

Hermes GPE, now operating as Federated Hermes Private Equity, is a prominent institutional private markets investment manager based in London, United Kingdom. As an integral part of the larger Federated Hermes organization, the firm specializes in deploying capital across private equity, infrastructure, and private debt. With a substantial portfolio, the private equity arm alone manages over $10 billion in assets, making it a significant player in the global private markets landscape.

The firm's investment strategy is multifaceted, primarily focusing on primary fund commitments, secondary transactions, and co-investments. This approach allows Federated Hermes Private Equity to build diversified portfolios across various geographies, sectors, and investment styles. While they invest globally across all stages, a particular emphasis is placed on mid-market buyouts, indicating a preference for established companies with proven business models. Their long-standing presence in the market, having invested in private equity since 1988, underscores their deep experience and expertise in navigating complex private transactions.

Federated Hermes Private Equity is not a typical venture capital firm that invests in early-stage startups. Instead, their "first cheque" for direct investments typically comes in the form of co-investments alongside lead private equity firms in later-stage growth equity or buyout deals. These co-investments are generally substantial, reflecting the scale of their overall operations and the nature of the transactions they participate in. The firm's global investment team operates from key financial hubs including London, New York, and Singapore, enabling a broad reach and comprehensive market coverage.