DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Fcp

Asset manager (funds and pooled vehicles)Chevy Chase, MarylandCRD 161468SEC 801-74428websiteIAPD
Legal name Federated Hermes Fcp Manager, LLC
Latest filing May 8, 2026
First filing on the tape Feb 24, 2012 · 24 filings
SEC status approved since Mar 30, 2012
RAUM
$3.5B
reported, Item 5.F
Discretionary
85%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
75
28 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
7
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$3.5B as of May 8, 2026
Mar 28, 2013$1.8B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 8, 2026
Mar 28, 20130 then
Employees (5.A)75 as of May 8, 2026
Mar 28, 201334 then
Private funds7 as of May 8, 2026
Mar 28, 20132 then
RAUM -8.5% over the last fiscal year-0.6% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 8, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$268MderivedRAUM over accounts (5.F.2.f)
Discretionary
85%derivedof RAUM
Institutional
14%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived5 offices incl. principal (1.F.5)
RAUM growth, one year
-8.5%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$2.9B85%
  • State and municipal entities$504M14%
  • Corporations and businesses$30.6M0.9%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
13reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.85 institutional_share=0.14 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      11 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Fcp Realty Fund V, L.P.Real Estate Fund$1.1B274Mar 31, 2022
      Fcp Realty Fund IV, LPReal Estate Fund$941M354Mar 30, 2018
      Fcp Realty Fund Vi-B, L.P.Real Estate Fund$443M58Mar 31, 2023
      Fcp Realty Fund V Co-Invest, L.P.Real Estate Fund$351M5Mar 31, 2023
      Fcp Realty Fund III, LPReal Estate Fund$337M369May 28, 2015
      Horizon Mh Communities Fund I LPno longer reportedReal Estate Fund$325M35Mar 30, 2016
      Fcp Realty Fund Vi-C, L.P.Real Estate Fund$273M2Mar 31, 2023
      Fcp Realty Fund Vi-A, L.P.Real Estate Fund$150M37Mar 31, 2023
      Fcp Realty Fund II, LPReal Estate Fund$57.2M52Feb 24, 2012
      Fcp Housing Preservation Holdings, L.P.Real Estate Fund$50.0M1Mar 28, 2024
      Fcp Fund I, LPReal Estate Fund$045Feb 24, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • J Jason Bonderenko · Partnercontrol
        since 11/2020 · owns 5% to 10%
      • Edward Garland Faist · Partner/Chief Operating Officer/Chief Compliance Officercontrol
        since 01/2008 · owns 5% to 10%
      • Ilmari Esko Korhonen · Managing Partnercontrol
        since 01/2008 · owns 25% to 50%
      • R Christopher Losapio · Partnercontrol
        since 10/2023 · owns less than 5%
      • James Alex Marshall · Managing Partnercontrol
        since 01/2008 · owns 10% to 25%
      • I Lacy Rice · Managing Partnercontrol
        since 01/2008 · owns 25% to 50%
      • Stephen Erik Weinberg · Partnercontrol
        since 10/2023 · owns less than 5%
      Related persons
      Schedule D 7.A
      • Fcp Fund I Gp, LLC
        pooled vehicle sponsorn
      • Fcp Fund I Manager, LLC
        investment advisery
      • Fcp Fund II Gp, LLC
        pooled vehicle sponsorn
      • Fcp Fund II Manager, LLC
        investment advisery
      • Fcp Fund III Gp LLC
        pooled vehicle sponsorn
      • Fcp Fund III Manager, LLC
        investment advisery
      • Fcp Fund IV Gp LLC
        pooled vehicle sponsorn
      • Fcp Fund IV Manager, LLC
        investment advisery
      • Fcp Fund V Gp, LLC
        pooled vehicle sponsorn
      • Fcp Fund V Manager, LLC
        investment advisery
      • Fcp Fund Vi Gp, LLC
        pooled vehicle sponsorn
      • Fcp Fund Vi Manager, LLC
        investment advisery
      • Fcp Sig Manager, LLC
        investment advisery
      • Fcp Sma Manager, LLC
        investment advisery
      Offices
      Schedule D 1.F, the 25 largest
      • Atlanta, GA2 employees
      • Denver, CO1 employees
      • New York, NY1 employees
      • Raleigh, NC1 employees
      What changed
      consecutive filings, newest first
      • Legal name · FCP FUND MANAGER, L.P. to FEDERATED HERMES FCP MANAGER, LLC
        Mar 31, 2026 to May 8, 2026
      • Organization form · Limited Partnership to Limited Liability Company
        Mar 31, 2026 to May 8, 2026
      • Succession · false to true
        Mar 31, 2026 to May 8, 2026
      • Accounts · 12 to 13
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 30 to 28
        Mar 31, 2025 to Mar 31, 2026
      • Corporate clients · unset to 1.0
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 9 to 11
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 78 to 75
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 9 to 7
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $3.3B to $2.9B
        Mar 31, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $475M to $534M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $3.3B to $2.9B
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $3.8B to $3.5B
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 14 to 12
        Mar 28, 2024 to Mar 31, 2025
      • Advisory employees · 33 to 30
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 11 to 9
        Mar 28, 2024 to Mar 31, 2025
      • Employees · 86 to 78
        Mar 28, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 31, 2025
      • Private funds · 10 to 9
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $3.7B to $3.3B
        Mar 28, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $358M to $475M
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $3.7B to $3.3B
        Mar 28, 2024 to Mar 31, 2025
      • RAUM · $4.1B to $3.8B
        Mar 28, 2024 to Mar 31, 2025
      • Advisory employees · 38 to 33
        Mar 31, 2023 to Mar 28, 2024
      • Accounts · 12 to 14
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 9 to 11
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 84 to 86
        Mar 31, 2023 to Mar 28, 2024
      • Private funds · 9 to 10
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $3.4B to $3.7B
        Mar 31, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $109M to $358M
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $3.4B to $3.7B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $3.5B to $4.1B
        Mar 31, 2023 to Mar 28, 2024
      • Accounts · 6 to 12
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 40 to 38
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 5 to 9
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 71 to 84
        Mar 31, 2022 to Mar 31, 2023
      • Private funds · 5 to 9
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $2.9B to $3.4B
        Mar 31, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $38.9M to $109M
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $2.9B to $3.4B
        Mar 31, 2022 to Mar 31, 2023
      Signals
      8 dated events
      • Fcp reported succeeding to the business of Fcp (Form ADV Item 4)
        May 8, 2026 · Succession (Item 4) · fact
      • Stephen Erik Weinberg (Partner) appeared on Schedule A of Fcp
        Mar 28, 2024 · Control person joined · fact
      • R Christopher Losapio (Partner) appeared on Schedule A of Fcp
        Mar 28, 2024 · Control person joined · fact
      • Fcp reported RAUM $3.0B, up 119% from $1.4B (2021-03-31 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • J Jason Bonderenko (Partner) appeared on Schedule A of Fcp
        Dec 10, 2020 · Control person joined · fact
      • Fcp reported RAUM $1.6B, down 57% from $3.6B (2020-03-30 to 2020-08-24)
        Aug 24, 2020 · RAUM change · derived
      • Ashby Thomas Carr (Member) no longer on Schedule A of Fcp (listed 2020-03-20, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Fcp reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Mar 6, 2020 · Succession (Item 4) · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/federal-capital-partnersreportedpublic record, Form ADV, Sep 17, 2026
      Website
      FCPDC.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      240-395-2000reportedpublic record, Form ADV, May 8, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026
      Across the graphs

      Fcp is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

      Checking your plan…