Business Continuity Plan

Harbert Management Corporation (“HMC”) and its affiliated broker-dealer, HMC Investments, Inc., maintain a Business Continuity Plan (BCP) that has been developed to protect the health and safety of our employees and maintain continuity of service for our investors. The key elements of our BCP include the following:

  • We maintain an office evacuation plan and emergency procedures in the event of a disaster affecting our primary office facilities or surrounding area.
  • We maintain an emergency contact list and procedures updated and distributed on a regular basis.
  • Critical data from our computer systems is replicated and backed up daily.
  • HMC employees can access HMC computer data from remote locations via redundant secure connections. HMC maintains back-up mail and file servers hosted and maintained in geographically distinct HMC offices.

The BCP is designed to help ensure that we can continue to do business with little or no disruption. In the event of a significant business disruption, our employees would assemble at alternate business locations and access HMC’s computer data remotely.  Key service providers would be contacted, and would continue to provide critical processing for our investment transactions. Even in the event of a regional disruption of significant scope, our key service providers maintain alternate business locations that permit them to resume critical functions in a reasonable period of time.

We cannot forecast every potential problem that may occur, but we believe our BCP will enable us to continue to conduct business in the event of a variety of possible business disruptions. We also believe that our BCP will help us to limit the recovery time necessary to resume operations.

We review our BCP at least annually. The BCP is subject to modification based on changing circumstances and assessment of need. Additionally, the BCP is updated on an as-needed basis as business processes, technology, or staff change. This document will not necessarily be re-sent to you when the BCP is updated or modified, but we do post general and updated information about our BCP on our Web site at Alternatively, you may obtain an updated BCP plan summary by requesting a written copy by mail.

Last updated: 11/1/2015