Header background Header background Progress

Federated Hermes announces Infrastructure secondary transaction

CATEGORY: Transactions
DATE: 10 November 2024
Decorative image.

Federated Hermes, a global leader in active, responsible investment management, has announced the completion of a successful GP-led secondary transaction in the Federated Hermes Diversified Infrastructure Fund (FHDIF).

As anticipated at the time FHDIF was established, a liquidity offering supported by Campbell Lutyens was launched in May 2024. The transaction was successfully concluded in October 2024, with one of the largest global infrastructure investors acquiring a stake of approximately 20%.

David Perrin, Partner and Head of Infrastructure Secondaries at Campbell Lutyens, said: We are delighted to have acted as advisor to Federated Hermes on this significant and successful transaction.

Read the full press release here.