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Federated Hermes to acquire 80% of U.S. real‑estate firm FCP

Federated Hermes to buy 80% of FCP Fund Manager, a U.S. multifamily RE investment manager, for up to $331M.

2025-10-24 04:05:45
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ederated Hermes will acquire 80 % of Chevy Chase‑based FCP Fund Manager, a U.S. multifamily specialist, for up to $331 million—its first U.S. real‑estate entry and second private‑markets deal this year.

    L‑R: Federated Hermes CEO J. Christopher Donahue and FCP Managing Partner Esko Korhonen.

Federated Hermes acquires majority stake in U.S. real‑estate firm FCP.

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