Discovery Strategy

Overview

HMC’s Discovery strategy seeks to generate long-term capital growth primarily through investments in small and microcap stocks in the U.S. and Canada. Our strategy is to identify “hidden gems” or deeply undervalued companies and assets among the vast number of smaller capitalization companies in North America. We perform rigorous due diligence and may take concentrated positions in less liquid securities, seeking to build large ownership stakes over time. By maintaining a focused portfolio, we are able to work closely with each company to see that it reaches its fullest potential.

Investment Team

John F. Bryant
Director and Co-Portfolio Manager

John F. Bryant is a Director and Co-Portfolio Manager of the Harbert Discovery Fund. Mr. Bryant also serves on the Board of Perceptron, Inc. and previously served on the Board of STX Healthcare Management Services, Inc. Before joining HMC, Mr. Bryant earned an MBA from the Darden School of Business at the University of Virginia, where he was a member of the Raven Society. Prior to that, Mr. Bryant worked at BlackRock, a multinational investment management corporation, where he was a Vice President. At BlackRock, Mr. Bryant focused on developing, seeding, and launching new proprietary investment funds, including mutual funds, hedge funds, fund-of-funds, specialized alternative investments, closed end funds, and opportunistic investment products. Mr. Bryant has a BA in Economics, cum laude, from The University of the South.

Mr. Bryant is involved in his local community, serving on the Board of PreSchool Partners, a local charity dedicated to the belief that every child deserves a quality preschool education, and as an active member of the Rotary Club of Birmingham.

jbryant@harbert.net

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Kenan H. Lucas
Director and Co-Portfolio Manager

Kenan H. Lucas is a Director and Co-Portfolio Manager of the Harbert Discovery Fund. Mr. Lucas also serves on the Boards of Central Environmental Services, LLC and STX Healthcare Management Services, Inc. Previously, Mr. Lucas worked at Swander Pace Capital, a middle-market private equity firm. At Swander Pace, he closed a number of acquisitions and re-financings, evaluated investment opportunities, and monitored portfolio companies, advising them on strategy, growth initiatives, acquisition opportunities, and corporate financing options. Prior to Swander Pace, Mr. Lucas was at Cowen and Company, a middle-market investment bank, where he advised companies on sell-side transactions and strategic alternatives. Mr. Lucas earned an MBA from the Darden School of Business at the University of Virginia, where he received the Faculty Award for Academic Excellence. Mr. Lucas has a BA in Economics, magna cum laude, from Vanderbilt University.

Mr. Lucas is an active member of the Cathedral Church of the Advent.

khlucas@harbert.net

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Morgan O. Ogilvie III
Associate

Morgan O. Ogilvie III is an Associate of the Harbert Discovery Fund. Prior to joining HMC in 2017, Mr. Ogilvie was an Associate in the corporate and investment bank at SunTrust Robinson Humphrey where he primarily focused on capital markets transactions in the healthcare services and industrial sectors. Mr. Ogilvie has a MS in Finance and a BS in Finance and Economics from the University of Alabama.

morganogilvie@harbert.net

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Contact
HARBERT DISCOVERY STRATEGY

2100 Third Avenue North, Suite 600
Birmingham, Alabama 35203

Contact:
irelations@harbert.net
205.987.5500