US-based private investment firm Federated Investors has acquired a 60% stake in London-based Hermes Fund Managers, the parent of Hermes GPE, for £246m.
Companies with strong export focuses and internationalisation strategies are attracting investment from institutional fund managers
Atomico also takes part in the financing alongside startup accelerator Y Combinator
GP secures a majority stake in the Stoke-on-Trent-headquartered fleet management company
London-based developer will use the capital to open a new office in San Francisco