# Hermes GPE (USA) Inc

> Hermes GPE (USA) Inc is an SEC-registered investment advisory firm in New York, NY, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 166839
- Filed as: HERMES GPE (USA) INC
- Also doing business as: FEDERATED HERMES GPE, FEDERATED HERMES PRIVATE MARKETS, HERMES GPE
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166839
- AdvisorCensus page: https://advisorcensus.com/firm/hermes-gpe-usa-inc-new-york-ny-166839

## Quick answers

**How is Hermes GPE (USA) Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Hermes GPE (USA) Inc reports these compensation arrangements: fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Hermes GPE (USA) Inc located?**
Hermes GPE (USA) Inc's principal office is in New York, NY, according to its Form ADV.

**Is Hermes GPE (USA) Inc registered with the SEC or a state?**
Hermes GPE (USA) Inc is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 166839.

**How much does Hermes GPE (USA) Inc manage?**
Hermes GPE (USA) Inc reports $1,656,491,067 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (0% discretionary).

**How have Hermes GPE (USA) Inc's assets and staff changed since 2021?**
In the Form ADV data for Hermes GPE (USA) Inc: Regulatory assets under management: $1,575,680,082 in the October 2021 data and $1,656,491,067 in the October 2026 data, up 5%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**Does Hermes GPE (USA) Inc 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/166839

**What changed in Hermes GPE (USA) Inc's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 4. Regulatory assets under management went from $1,471,096,030 to $1,656,491,067 (+13%).

## From the Form ADV filing

### Compensation (Item 5.E)
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $1,656,491,067
- Discretionary: $0
- Non-discretionary: $1,656,491,067

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Other investment advisers | Fewer than 5 | $1,656,491,067 |

### Advisory services (Item 5.G)
- Other

### Firm details
- Registered since: 2013 (13 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### 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 | $1,575,680,082 | 4 | September 9, 2021 |
| October 2022 | $1,888,698,352 | 4 | April 11, 2022 |
| October 2023 | $1,500,007,261 | 5 | August 11, 2023 |
| October 2024 | $1,256,392,362 | 5 | April 5, 2024 |
| October 2025 | $1,471,096,030 | 5 | April 10, 2025 |
| October 2026 | $1,656,491,067 | 4 | March 27, 2026 |

Regulatory assets under management: $1,575,680,082 in the October 2021 data and $1,656,491,067 in the October 2026 data, up 5%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 4.
- Regulatory assets under management went from $1,471,096,030 to $1,656,491,067 (+13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Hermes GPE (USA) Inc (CRD 166839): Form ADV filing data as of October 2026.