Hermes GPE / Insights / Hermes GPE appoints Steve Reynard, Partner

Hermes GPE appoints Steve Reynard, Partner

London, New York, Singapore, 14 April 2021: Hermes GPE, a leading specialist investor in global private equity, is pleased to announce that Steve Reynard has joined the firm as a Partner based in the US with immediate effect. Steve joins a growing team of four investment professionals in New York, including Brooks Harrington who will also become Head of US Investment at this juncture. Brooks was previously acting Head.

A CFA Charterholder, Steve has over 20 years’ experience in private equity investing, having previously worked at The State Teachers Retirement System of Ohio where he was Portfolio Manager for the c$6bn private equity program, as well as Nationwide Insurance.

Steve will be joining in a Portfolio Solutions role and will play a critical part in opening new client and manager relationships in North America by leveraging his strong relationships across both the LP and GP communities.  North America is an increasingly important market for Hermes GPE in terms of expanding its client and product reach as the firm transitions into the Federated Hermes business. Federated Hermes became the owner of Hermes GPE in February 2020.

Peter Gale, CIO and Head of Hermes GPE Private Equity, said: “We’re delighted to welcome Steve as a Partner focused on Portfolio Solutions, and I’d like to congratulate Brooks on his appointment as Head of US Investment. Both Steve’s hire and Brooks’ confirmation underline the importance of the US market to both the continued growth of Hermes GPE and to Federated Hermes’ US private market ambitions. The last 12 months have demonstrated the success and resilience of our thematic approach to investing. Our track record and expanded team place us in a strong position for future fund raisings this year, as we continue the roll-out of our very successful co-investment and fund investment strategies.”

Steve Reynard said: “Hermes GPE has a well-deserved reputation as innovators and thoughtful partners in the private equity industry. I look forward to working with Peter, Brooks and the rest of the team to broaden the firm’s GP and LP relationships and help Hermes GPE and the broader Federated Hermes Group realize their private markets ambitions.”

Contact

James Isola, Maitland/AMO

jisola@maitland.co.uk

+44 (0)207 379 5151