Harbert Management Corporation

Harbert Management Corporation (HMC) headquartered out of Birmingham, AL, is an independent investment firm that focuses 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 U.S. and European real estate, seniors housing, power generation and power-related facilities, mezzanine debt, European and U.S. growth capital, and absolute return hedge funds. Each fund, or group of related funds, has its own dedicated management professionals. The firm and its affiliates manage 24 alternative asset funds invested across 8 asset classes. HMC has offices in ten locations across the US and Europe. 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. Harbert Management Corporation's investment strategies include infrastructure that focuses on power and energy-related projects throughout North America. The Harbert US Real Estate team seeks to invest in quality, mid-size (USD 20 million to USD 80 million), Class A and B office, multi-family, retail and industrial properties that are that are too large for individual investors but too small for the larger funds. This plan may involve capital improvements, expense reduction, proactive leasing, capital restructuring or asset repositioning.