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John F. Donahue, founder of Federated Investors, dies at 92

Federated is best known for its money-market funds, which accounted for $245 billion of the firm's $362 billion in assets under management as of March 31.

John F. Donahue, a founder and longtime leader of Federated Investors Inc., has died. He was 92.

He died Thursday in Naples, Florida, of natural causes, Ed Costello, a company spokesman, said Friday in an email.

Donahue, who served as chairman emeritus until his death, started the Pittsburgh-b

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