Harbert Management Corporation
Harbert Management Corporation, based in Birmingham, Alabama, is a U.S. investment management company founded in 1993 by Raymond J. Harbert.[1]
 | |
| Type | Private company |
|---|---|
| Industry | Financial services Investment management |
| Founded | 1993 |
| Headquarters | Concord Center Birmingham, Alabama USA |
Key people | Raymond J. Harbert (Chairman, CEO), J. Travis Pritchett (President, COO), Charlie D. Miller (Executive Vice President), Raymond J. Harbert Jr. (CFO), John W. McCullough (General Counsel) |
| Products | Real estate, Senior housing, Infrastructure, Private credit, Venture capital, Hedge funds |
| Total assets | $7.6 billion USD (Jan 2021) |
Number of employees | 175+ |
| Website | www.harbert.net |
Overview
The company has investment funds in nine alternative asset classes in three areas of concentration: real assets,[2] private capital, and absolute return strategies. The company was previously the majority owner of Harbinger Capital.[1] HMC provided the original funding for Harbinger and its funds. The company also owns Harbert Realty Services.
HMC has offices in Birmingham, Atlanta, Dallas, Nashville, New York, Richmond, San Francisco, Santa Monica, London, Luxembourg, Paris, and Madrid.[3]
In 1998, the company established the HERO Foundation which provides direct financial assistance to help people who have been affected by natural disasters, medical conditions or temporary financial hardships to regain their independence and self-sufficiency.[4]
See also
- Harbert Corporation, an international construction, energy, and investment company founded by John M. Harbert and Bill L. Harbert and the predecessor company to Harbert Management Corporation
- B.L. Harbert International, founded by Bill L. Harbert from Harbert Corporation's former international construction division
- Harbinger Capital, hedge fund formerly owned by Harbert
References
- Helyar, John. "Harbert Outperforming Falcone With 11% Return Suffers Asset Drop". Bloomberg Business. Retrieved 7 April 2015.
- Tomberlin, Michael. "Birmingham's Harbert Management's latest real estate investment fund exceeds $400 million". AL.com. Retrieved 7 April 2015.
- https://www.harbert.net/contact/
- "Harbert Management's HERO Foundation to help storm victims with $500,000 in assistance". The Birmingham News. Retrieved 7 April 2015.