Hermes Gpe LLP (London)


Hermes Gpe LLP is a large advisory firm based in London. It manages $10.4 billion of regulatory assets for 32 client accounts. It has been registered with the SEC as an adviser since 2010.

Hermes Gpe provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and advisory services for pension funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hermes Gpe: assets under management

The assets under management (AUM) of Hermes Gpe LLP is $10.4 billion. The firm's AUM has grown by 209% since the beginning of its operation, and $9.99 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $7.96 billion in discretionary accounts and $2.44 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $256.64 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.44 billion.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hermes Gpe LLP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hermes Gpe serves?

The only and largest group of clients of Hermes Gpe is pooled investment vehicles with 12 clients and $5.27 billion of assets under management. Among the 9 most similar advisory firms, Hermes Gpe has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.27 billion for 12 clients. 96% of the firm’s clients are foreign persons or businesses.

Hermes Gpe also advises several private funds. Namely, one real estate fund and six private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.

Careers at Hermes Gpe LLP

The company employs 52 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Peter Gale has served as the Chief Investment Officer since 1 Apr 2010. Federated Holdings (Uk) Ii Limited joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Hermes Fund Managers Limited Member 1 Oct 2009 25% - 50% 00-0000000
Nigel David Bongard Chief compliance officer 1 Oct 2009 Other 4411766
Gartmore Jv Limited Member 1 Dec 2009 25% - 50% foreign
Alan Browning Mackay Chief executive 1 Apr 2010 Other 5820207
Peter Gale Chief investment officer 1 Apr 2010 Other 5820206
Janine Nicholls Chief operating officer 1 Feb 2011 Other 5906627
Stephen Allen Hfm member representative 1 Apr 2011 Other 5953867
Gpe Partner Limited Member 1 Dec 2011 25% - 50% foreign
John Charles Mould Hfm member representative 1 Apr 2012 Other 5316142
Peter Gale Gpe member representative 1 Oct 2013 Other 5820206
Ashleigh Lorraine Simms Chief compliance officer 1 Mar 2014 Other 6312577
Emily Ann Mousley Hfm member representative 1 Dec 2014 Other 6462196
Christopher Mark Taylor Hfm member representative 1 Oct 2015 Other 6577184
Gillian Marjorie Clarke Chief compliance officer 1 Jun 2016 Other 5775727
David Leonard Grose Hfm member representative 1 Jul 2016 Other 6694929

Indirect Owners

The SEC currently registers 19 indirect owners.

Name Entity Date acquired Ownership Employer ID
Britel Fund Trustees Limited Sole shareholder 1 Dec 1982 75% - 100% foreign
Britel Fund Nominees Limited Sole shareholder 1 Mar 1983 75% - 100% foreign
Britel Fund Trustees Limited Sole shareholder 1 Mar 1983 75% - 100% foreign
Bt Pension Scheme Trustees Limited Corporate trustee 1 Mar 1983 Other foreign
Federated Investors Inc Shareholder 1 Mar 1983 75% - 100% 25-1111467
Britel Fund Trustees Limited Shareholder 1 Apr 1983 25% - 50% foreign
Fii Holdings Inc Shareholder 1 Dec 1998 75% - 100% 51-0269881
Hermes Fund Managers Limited Sole shareholder 1 Feb 1999 75% - 100% foreign
Oxford Acquisition I Limited Shareholder 1 Sep 2006 75% - 100% 5882959
Oxford Acquisition 0 Limited Shareholder 1 Sep 2006 75% - 100% 5819563
Oxford Acquisition Iii Limited Shareholder 1 Dec 2006 75% - 100% 5819589
Gartmore Investment Management Limited Shareholder 1 Dec 2009 75% - 100% foreign
Gartmore Group Limited Shareholder 1 Dec 2009 75% - 100% foreign
Delaney James Ellis Brown Director 1 Nov 2011 25% - 50% 6039815
Anastasios Georgiadis Director 1 Nov 2011 25% - 50% 6039816
Magnus James Goodlad Director 1 Nov 2011 25% - 50% 6039818
Simon Gareth Moss Director 1 Nov 2011 25% - 50% 6039819
Federated Holdings (Uk) Ii Limited Shareholder 1 Jul 2018 50% - 75% foreign
Federated International Holdings B.V. Shareholder 1 Jul 2018 75% - 100% foreign

Based in London

The principal office where Hermes Gpe LLP performs its advisory services is located at 150 Cheapside, London, Ec2 V 6 Et, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 44 (0)20 7702 0888 or by fax 44 (0) 2077029452. The normal business hours are 8:30 am - 6:00 pm gmt on Monday - Friday. You can find more information about the New York firm at hermesgpe.com.