Harbert Management Corporation Article

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Harbert Management Corporation
Private company
Industry Financial services
Investment management
Founded1993; 25 years ago (1993)
Headquarters Birmingham, AL USA
Key people
Raymond J. Harbert, Chairman, CEO
Charlie D. Miller, Executive Vice President
Sonja J. Keeton, CFO
John W. McCullough, General Counsel
Products Venture Capital, Real estate, Mezzanine, Infrastructure, Hedge funds
Total assets$6.0 billion USD (Oct 2018)
Number of employees
200+
Website www.harbert.net

Harbert Management Corporation, based in Birmingham, Alabama, is a U.S. investment management company founded in 1993 by Raymond J. Harbert. [1]

The company has investment funds in nine alternative asset classes in three areas of concentration: real estate, [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, London, Paris, and Madrid.

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. [3]

See also

References

  1. ^ a b Helyar, John. "Harbert Outperforming Falcone With 11% Return Suffers Asset Drop". Bloomberg Business. Retrieved 7 April 2015.
  2. ^ Tomberlin, Michael. "Birmingham's Harbert Management's latest real estate investment fund exceeds $400 million". AL.com. Retrieved 7 April 2015.
  3. ^ "Harbert Management's HERO Foundation to help storm victims with $500,000 in assistance". The Birmingham News. Retrieved 7 April 2015.

External links