# Hermes GPE LLP

> Hermes GPE LLP is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2009, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 151848
- Filed as: HERMES GPE LLP
- Also doing business as: FEDERATED HERMES GPE, FEDERATED HERMES PRIVATE MARKETS, HERMES GPE (USA) INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/151848
- AdvisorCensus page: https://advisorcensus.com/firm/hermes-gpe-llp-london-151848

## Quick answers

**How is Hermes GPE LLP compensated?**
On its Form ADV (Item 5.E, October 2026), Hermes GPE LLP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Hermes GPE LLP located?**
Hermes GPE LLP's principal office is in London, United Kingdom, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Hermes GPE LLP registered with the SEC or a state?**
Hermes GPE LLP is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 151848.

**How much does Hermes GPE LLP manage?**
Hermes GPE LLP reports $8,880,550,345 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (96% discretionary).

**How have Hermes GPE LLP's assets and staff changed since 2021?**
In the Form ADV data for Hermes GPE LLP: Regulatory assets under management: $11,157,298,867 in the October 2021 data and $8,880,550,345 in the October 2026 data, down 20%. Total employees: 63 in October 2021 and 67 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Hermes GPE LLP serve?**
By number of clients on Form ADV Item 5.D: other investment advisers (52); pension and profit sharing plans (but not the plan participants or government pension plans) (47); other (20).

**Does Hermes GPE LLP report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/151848

**What changed in Hermes GPE LLP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 42 to 37.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $8,880,550,345
- Discretionary: $8,546,302,730
- Non-discretionary: $334,247,615

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 47 | $6,418,347,891 |
| Charitable organizations | 1 | $84,137 |
| State or municipal government entities (including government pension plans) | 10 | $694,340,885 |
| Other investment advisers | 52 | $1,492,052,289 |
| Insurance companies | 7 | $11,931,124 |
| Corporations or other businesses not listed above | 4 | $236,339,255 |
| Other | 20 | $27,454,764 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 2009 (16 years)
- Employees: 67 total, 37 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- federatedhermes.com/private-markets
- LinkedIn @federatedhermes-privatemarkets

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $11,157,298,867 | 63 | September 9, 2021 |
| October 2022 | $11,495,706,860 | 67 | September 26, 2022 |
| October 2023 | $11,159,718,429 | 65 | August 11, 2023 |
| October 2024 | $10,342,449,153 | 73 | May 7, 2024 |
| October 2025 | $8,589,207,032 | 75 | April 1, 2025 |
| October 2026 | $8,880,550,345 | 67 | March 27, 2026 |

Regulatory assets under management: $11,157,298,867 in the October 2021 data and $8,880,550,345 in the October 2026 data, down 20%.
Total employees: 63 in October 2021 and 67 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 42 to 37.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Hermes GPE LLP (CRD 151848): Form ADV filing data as of October 2026.