Harbert Management Corporation (HMC), headquartered in Birmingham, AL, is an independent investment firm specializing in fundamentally-based private and public market strategies. The firm co-invests with clients on equal terms, targeting mid to high-teen net returns. HMC's diverse investment funds cover U.S. and European real estate, seniors housing, power generation, mezzanine debt, growth capital, and hedge funds. With 24 alternative asset funds across 8 classes, each managed by dedicated professionals, HMC operates from ten locations across the US and Europe.
Raymond Jones Harbert is an esteemed American business executive, investor, and philanthropist hailing from Alabama. He holds the roles of founder, chairman, and chief executive officer at Harbert Management Corporation, a prominent global private investment firm overseeing assets totaling US$7.8 billion. Harbert earned his Bachelor of Science in Industrial Management from Auburn University in 1982.
Harbert Management Corporation is a hedge fund managing discretionary assets totaling $8,110,107,935 as of their latest Form ADV dated March 2024. According to their Q1 2024 13F filing, they oversee $145,317,305 in managed 13F securities, with a top 10 holdings concentration of 43.44%. Their largest holding is in Turtle Beach Corporation, with 514,964 shares held.
