Infrastructure
Closely connected for
enhanced outcomes
We invest in and actively manage businesses and services connected to our everyday lives.
At Federated Hermes, our Infrastructure team specialises in providing institutional investors with cost-effective access to equity investments across a broad spectrum of infrastructure opportunities.
Our platform includes a flagship core and core plus strategy invested in critical UK and European infrastructure companies. We secure governance rights consistent with the investment that usually includes representation on boards and board committees. This approach allows us to build close relationships with business leaders and co-shareholders and make targeted interventions to guide company activity.
As the reshaping of global energy systems accelerates, so too does the demand for capital to support this significant structural growth driver. Our team of investment and specialised project development experts provide investors with access to proprietary investment opportunities in complex renewable energy projects and next generation energy infrastructure higher up the return spectrum.
At a glance
Source: Federated Hermes as at 31 March 2025.
The value of investments and income from them may go down as well as up, and you may not get back the original amount invested.
Ports & Logistics: Associated British Ports
The pillars of our offering

Our infrastructure platform combines proactive investment management with project development expertise. The combination maximises the opportunity to earn attractive risk adjusted returns across the full investment life cycle: development, construction, operations, and realisation.
Why Federated Hermes Infrastructure?

We are an active manager that secures governance rights consistent with the nature and scale of the investment that ranges from minority positions in large scale utility businesses with established management teams, to controlling interests in earlier stage project companies developing new infrastructure. This usually includes representation on boards and board committees. Formal governance rights are augmented by investment in building close relationships with management teams, co-shareholders and other stakeholders. The combination allows us to make targeted interventions to guide company activity.

We specialise in investing in predominantly UK assets on behalf of UK pension funds. This distinctive position in the market has allowed us to acquire a deep-rooted understanding of the political and regulatory environment in which we operate. By leveraging this highly localised approach, we have developed strong, longstanding relationships across the sector.

Drawing on our firm’s long-established sustainability expertise, we have developed proprietary assessment and reporting tools that allow us to integrate sustainability into all aspects of our infrastructure investments. We identify risks at the outset of the investment process and monitor progress throughout the investment life cycle. We are also at the vanguard of sustainability engagement in the industry by influencing company activity at board and committee level.

Our dedicated asset class offering extends to co-mingled funds, segregated and managed accounts across a range of infrastructure opportunities.
How we invest
We primarily pursue two investment strategies:
Core Strategy/Core+
Our flagship fund has a single diversified core/core+ strategy. The fund seeks to invest in stable infrastructure businesses characterised by lower volatility and predictably high-single digit returns (a large proportion of which is derived from cash dividends). These investments are largely uncorrelated to GDP and can provide a measure of inflation protection.
Among the various means by which we manage risk across our investments, influencing and engaging with company leaderships remains one of the most effective. By taking long-term, governance-level positions in companies, we are able to engage with management teams and exert influence in coalition with fellow shareholders. From this long-term investor vantage point, we can evaluate risk holistically, seeking to deliver tangible change.
Next generation Infrastructure
The acquisition of a majority interest in Rivington Energy (Management) Limited adds specialised project development expertise to existing institutional investment and asset management capabilities.
The combination will provide investors with access to a pipeline of proprietary investment opportunities principally related to the evolving energy transition landscape with an increasing focus on partnering with industrial and commercial businesses to undertake projects that increase energy efficiency (and reduce cost), reduce carbon emissions and provide opportunities for regeneration and adaptation of existing infrastructure.
Who we are
Latest Infrastructure insights
TCFD Report 2025
We believe that the risks and opportunities posed by climate change are crucial factors that can impact investment performance. Read our TCFD Report to find out how we integrate climate analysis throughout the investment process to manage these impacts for our investors.
Closely connected for enhanced outcomes
Heritage and track record
We have been connecting clients to Private Markets opportunities since our first real estate investment in 1983.
Client-centric investing
We’re passionate about connecting clients to innovative investment solutions that seek to deliver financial, as well as social and environmental returns.
Access to high-quality investment opportunities
Our 40+ year track record is driven by a mindset of building and nurturing long lasting relationships that deliver outcomes.
Enhanced outcomes and portfolio diversification
We believe our experience, deep networks and partnership approach enable us to get clients closer to the opportunities in Private Markets – because we are.
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