Founded in 1955, Federated Hermes is a global investment firm responsible for managing $645.8 billion in assets, with revenue of $1.4 billion in 2022. The firm provides equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to institutions, corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. With headquarters in Pittsburgh, Pennsylvania, Federated Hermes employs approximately 2,000 people in offices worldwide, including in London and New York.
As of September 2022, Federated Hermes is a gold-level sponsor of SFOF (which no longer lists its donors on its website). That month the firm assured Responsible Investor that it would “not be renewing [its] membership and… sponsorship of” SFOF. However, two months later Federated Hermes sent at least three staff members to SFOF’s 2022 Fall National Meeting, where CFA Steve Chiavarone made a presentation as part of a panel titled “Protecting Taxpayer Dollars from Inflationary Pressures Throughout the 2022 Recession.”
In 2016, SFOF presented the firm’s Executive Vice President Amy Michaliszyn with its Economic Freedom Award.