Transacted Logo
Transacted

Harbert Management Corporation
Fund manager

Profile Overview
Server-rendered summary for search and first-load readability.

About Harbert Management Corporation

Harbert Management Corporation (HMC), headquartered out of Birmingham, AL, is an independent investment firm focused on fundamentally-based private and public market strategies. The firm is an opportunistic investor who invests alongside its clients on equal terms and conditions and seeks investments forecasted to yield mid to high-teen net returns.Harbert Management Corporation's investment funds include European and U.S. real estate, seniors housing, power generation and power related facilities, mezzanine capital, European and U.S. growth capital and hedge funds. Each fund, or group of related funds, has its own dedicated management professionals and defined geography. As of June 30, 2019, the Firm and its affiliates managed 24 alternative asset funds invested across 8 asset classes with approximately $6.4 billion in Regulatory Assets Under Management.The Harbert Credit Solutions (formerly known as Mezzanine Partners) group provides financing to private lower middle market companies. The team seeks investment opportunities where they believe the risk of principal loss is limited and the prospective equity appreciation is high. They also seek long-term returns competitive with those of venture capital and private equity transactions. The Credit Solutions group typically provides $3 million to $15 million in subordinated debt to companies in need of capital for organic growth, acquisitions, recapitalizations or management buyouts. They look for investment opportunities characterized by a management team with a demonstrated track record, sufficient cash flow to service debt, growth potential and a viable exit strategy.The Harbert European Growth Capital team provides specialty debt financing to European growth businesses, predominantly in the technology, life sciences and environmental sectors. Typical loan sizes range from €1-20 million with the flexibility to do larger transactions opportunistically. The team looks for investment opportunities in high growth business with proven management teams in need of capital to fuel organic growth, acquisitions, equipment purchases, bridge loans and various forms of recapitalization.

Investment Strategy

Buyout

Key Facts
Firm details surfaced in initial HTML.

Funds Managed

7 funds found in our dataset.

Overview
Interactive fund data for this manager.

Built for investment teams that need to move faster.

Automated private equity diligence

Intelligently process data room financials, generate auditable analyses, and export IC-ready deliverables.

Data Room ExtractionPresentation GenerationPowerPoint + Excel Export
Funds Managed
Committed capital by fund