PITTSBURGH, May 17, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE:FHI), a global leader in active, responsible investing, has been awarded $1 billion private equity mandate from BT Pension Scheme (BTPS), one of the UK's largest occupational pension schemes. The mandate, called Horizon III, will be managed by Hermes GPE LLP, a specialist global private equity investor and wholly owned subsidiary of Federated Hermes, and will be invested over three years.