Birmingham investment firm Harbert Management Corp. reached a milestone this week.
The company, led by Chairman and CEO Raymond Harbert, was founded 25 years ago on Nov. 4, 1993. It’s been quite the evolution for the company.
Harbert Management Corp. has grown from an initial $50 million fund focused on U.S. real estate to include 23 funds and approximately $6 billion in regulatory assets under management as of Oct. 31. The company now operates nine alternative asset strategies – European real estate, seniors housing, U.S. real estate, European growth capital, growth equity, infrastructure, credit solutions, discovery and value – each with its own independent team of investment professionals.
Click Here for the full article from the BBJ by Angel Coker