Global asset manager Federated Hermes agreed to buy a majority interest in an investment management firm based in greater Washington, D.C., to expand into apartments in major U.S. real estate markets.
Federated Hermes to expand into large markets with majority stake in multifamily investor
Global investor to buy 80% of FCP Fund Manager
CoStar News
October 27, 2025 | 7:16 P.M.
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IN THIS ARTICLE
- Properties
- Liberty Center
1001 Liberty Ave, Pittsburgh, PA
- Companies
- Federated Hermes, Inc.
Finance and Insurance
- FCP
Finance and Insurance
- Contacts
- J. Christopher Donahue
Chief Executive Officer & President, Federated Hermes, Inc.
- Esko Korhonen
Founding Managing Partner, FCP