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.
DVI Equity Partners, Frontline Ventures and Enterprise Ireland also take part
Newcomer Target Global and existing investor Round Hill Ventures also take part in the round
GP invests €7.3m in the France-based point-of-sale merchandising equipment provider
Azimut appoints Jeffry Brown as CEO of AACP; Brown previously worked at Dyal Capital Partners