Federated Hermes, Inc. Completes Acquisition of 80% Majority Interest in FCP Fund Manager, L.P.

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

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

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 PITT…

Federated Hermes Closes Majority Stake Acquisition of FCP to Expand U.S. Real Estate Platform

Federated Hermes, Inc. has completed its acquisition of an 80% stake in FCP Fund Manager, L.P., advancing its push into the U.S. real estate market and broader private markets strategy. The deal gives the firm a scaled foothold in multifamily investing at a time of sustained housing demand and institutional interest in rental assets. The transaction, valued at up to $331 million, includes a mix of cash and stock, along with performance-based pay…