Hermes GPE secures GBP1bn PE mandate from BTPS
Private equity investor Hermes GPE has sedured a GBP1 billion mandate from the BT Pension Scheme (BTPS) bringing the firm’s total private equity AUM to GBP4 billion (USD6 billion). Hermes GPE is part of Hermes Investment Management (Hermes), the GBP30.1 billion manager focused on delivering superior, sustainable, risk adjusted returns