The HERMES GROUP is a publicly held investment adviser that advises $907.91Bn in regulatory assets under management held in 4 SEC fund types across 10 investment strategies. HERMES GROUP is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets increased by 34.55% over the last 5-years.
The Group has been registered with the SEC for 37.16 years and is comprised of 12 filing and 0 relying advisers. They operate out of 10 office locations with their Headquarters at 1001 LIBERTY AVENUE, PITTSBURGH, PENNSYLVANIA. The Group has been subject to regulatory enforcement actions. They are regulated by 22 US and Non-US bodies.
They have 1,423 employees comprised of 770 investment and 653 non-investment staff. The total number of Employees increased by 9.8% over the last 5-years.
Their $907.91Bn in assets advised are owned by 64 private funds, 136 public funds and BDCs and 2,384 other accounts. Assets of Investment Companies (IC) clients own $644.51Bn or 70.99% of Total Assets and Government Entities and Pension Plans own $157.66Bn or 17.37% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, Long/Short Equity and Multi Strat, representing 86.25%, 12.24% and 1.04% of total assets, respectively.
They advise 12 types of clients, top clients are Investment Companies (IC) and Government Entities and Pension Plans.
The Group uses 10 Fund Administrators, 3 Fund Auditors, 0 Prime Brokers, 8 Custodians and 5 Marketers. It does not report a third-party Fund Administrator in 7 private funds with $1.83Bn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
HERMES GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.