BRIEF-Federated Hermes, Inc. Agrees To Acquire A Majority Interest In Fcp Fund Manager, L.P., A Privately Held Real Estate Investment Manager With Client Assets Of $3.8 Billion As Of June 30, 2025-March 2024-www.financetom.com

BRIEF-Federated Hermes, Inc. Agrees To Acquire A Majority Interest In Fcp Fund Manager, L.P., A Privately Held Real Estate Investment Manager With Client Assets Of $3.8 Billion As Of June 30, 2025

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BRIEF-Federated Hermes, Inc. Agrees To Acquire A Majority Interest In Fcp Fund Manager, L.P., A Privately Held Real Estate Investment Manager With Client Assets Of $3.8 Billion As Of June 30, 2025

Oct 23, 2025 4:08 PM

Oct 24 (Reuters) - Federated Hermes Inc ( FHI ):

* FEDERATED HERMES, INC. ( FHI ) AGREES TO ACQUIRE A MAJORITY

INTEREST IN

FCP FUND MANAGER, L.P., A PRIVATELY HELD REAL ESTATE INVESTMENT

MANAGER WITH CLIENT ASSETS OF $3.8 BILLION AS OF JUNE 30, 2025

* FEDERATED HERMES INC ( FHI ) - PURCHASE PRICE UP TO $331 MILLION

INCLUDING $215.8 MILLION CASH

* FEDERATED HERMES INC ( FHI ) - TO BUY 80% OF FCP FUND MANAGER

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