Taking the measure of private equity

The private equity industry has undergone a significant mindset shift with regard to reporting of returns. As traditional exit routes remain gridlocked and liquidity scarce, investors unable to turn portfolio returns into cash are rethinking what successful performance looks like. The competition for capital and investor demand for liquidity has put pressure on traditional metrics, […]
Private Markets 2026 Outlook

The MD’s outlook Steve McGoohan Managing Director, Private Markets What significant developments for private markets could take place in 2026? Asset classes within private markets are impacted by the same macro factors as their public-market counterparts, although the method and timing of those impacts may vary. Digitisation, demographics, and deglobalisation are significant mega-trends that will continue […]
Diversifying direct lending portfolios through sponsor-less lending

Private Markets Insight
EM in trade finance: unmet demand and alpha potential

Fast reading Federated Hermes’ Trade Finance Strategy has a global investment mandate. We seek to maximise the benefits of portfolio diversification and generate higher potential risk-adjusted returns for investors – wherever in the world those opportunities may be. While the Strategy also invests in developed markets (DM), our portfolio of alternative credit assets typically has […]
Private equity in a net zero world

Managing climate risks and opportunities
How project finance fits into a trade finance strategy

Fast reading Project finance supports the underlying infrastructure that makes trade possible. Federated Hermes focuses on operational and expansionary infrastructure project financing, secured on infrastructure assets that generate steady cash flows. We invest in limited-tenor loans that fund well-established, large-scale projects in emerging as well as developed markets. Trade finance introduces third parties into the […]
Everything you wanted to know about tariffs and trade finance

(but were afraid to ask)
Why invest in trade finance?

Fast reading Global merchandise trade volumes reached US$25tn in 2022 – up from approximately US$14tn in 20071 – bolstered by rapid growth in so-called south-south trade (between developing countries), which is forecast to represent 40% of global trade by 20302. Among the factors that makes trade finance a unique investment proposition is that it sits […]
Various tailwinds support private markets

2025 Outlook
Financing Europe’s push for energy security

Trade finance case study
