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
23/10/2025 23:45
Oct 24 (Reuters) - Federated Hermes Inc FHI.N: 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 FEDERATED HERMES INC - PURCHASE PRICE UP TO $331 MILLION INCLUDING $215.8 MILLION CASH FEDERATED HERMES INC - TO BUY 80% OF FCP FUND MANAGER Source text: ID:nPn6XV83Ha Further company coverage: FHI.N ((Reuters.Briefs@thomsonreuters.com;))
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