NYSE:FHICapital Markets
Federated Hermes Expands Into U.S. Real Estate With FCP Acquisition
Federated Hermes, NYSE:FHI, has acquired an 80% interest in FCP Fund Manager.
The deal marks a major expansion into U.S. real estate and alternative investments.
The move reflects a wider push to grow private markets exposure alongside traditional asset management.
Federated Hermes enters this transaction with its shares at $58.0, after a 59.2% return over the past year and 133.5% over the past 5 years. The company already has an established position in asset management, and this deal adds...


