Federated Hermes strengthens Private Markets Division in Germany

Federated Hermes, Inc. (NYSE:FHI), a global leader in active, responsible investing, announces the appointment of Dr. Stefan Arneth to the role of Sales Director – Private Markets, based in Munich. Stefan will be responsible for the sales of Federated Hermes Private Markets offering in Germany and Austria. In this new role, Stefan will report to Jakob Nilsson, Head of Private Market Sales (ex-North America), based in London.

Stefan has joined Federated Hermes with almost 20 years of experience in client relations. He was previously Head Investor Relations at European private market platform Capza. Prior to that, Stefan was responsible for the Institutional Clients division within MEAG (Ergo Asset management GmbH).

With €19bn assets under management, the Private Markets division of Federated Hermes, Inc. comprises private equity, private debt, real estate, infrastructure, and natural capital investment products.

Jakob Nilsson, Head of Private Market Sales (ex-North America), commented: “We are delighted to bring someone of Stefan’s calibre on board. His breadth of experience will be instrumental as we continue to build our private markets business in the DACH region, a key growth market for us. He is a strong addition to our experienced team in the DACH region.”

Dr Stefan Arneth, Sales Director, Federated Hermes Private Markets, commented: “I am excited to be joining Federated Hermes at such an important time for the firms Private Market division. Federated Hermes has already built an extensive client base across a number of investment strategies in Germany and Austria, and is continuing to grow in these regions. I look forward to working with the team to further enhance our offering.”