Press Releases

August 7, 2017 - HSHF – Harbert Seniors Housing Fund Announces Final Close

HARBERT SENIORS HOUSING FUND ANNOUNCES FINAL CLOSE Birmingham, Alabama, August 7, 2017 – Harbert Seniors Housing Fund I, L.P. (“HSHF I”), which invests in seniors housing properties in the United States, is pleased to announce its final close on July 31, 2017, bringing in total equity commitments of $209 million including co-investment capital. HSHF I, which […]

August 3, 2017 - HGP – Harbert Growth Partners IV, L.P. Announces its Final Close at $120 Million

Richmond, Virginia, August 3, 2017 – Harbert Growth Partners IV, L.P. (“HGP IV” or the “Fund”), which invests in promising emerging growth stage technology and healthcare companies, is pleased to announce its final close, bringing the total equity commitments to HGP IV to $120 million. HGP IV, which includes significant institutional and family office investors […]

June 27, 2017 - HEGCF – Harbert European Growth Capital Portfolio Company, TrustYou, Acquired by Recruit

Recruit, a leading Japanese internet and media group, announced the acquisition of the global leader in guest feedback platform,TrustYou, following a sustained period of impressive growth momentum. The Harbert European Growth Capital (“HEGC”) investment thesis recognized TrustYou’s needs of finding a value-added partner with the expertise to provide long term capital that was as innovative […]

March 13, 2017 - HEREF: Harbert-Welwyn-Environment-Agency-Letting

Harbert Management Corporation and XLB Property have secured the Environment Agency to take 21,909 sq ft on the ground and first floors at Alchemy, Welwyn Garden City. The Environment Agency join existing tenants Deutsche Telekom and Pinnacle Engineering, taking the building to over 80 per cent let. Harbert Management Corporation and XLB Property purchased Alchemy […]

March 10, 2017 - HEGCF – London AI startup LoopMe secures $10m

LoopMe, a London-based artificial intelligence (AI) startup, has secured $10m in a continuation of its Series A funding round. The firm, which uses AI in brand advertising, received funds from Impulse VC, Harbert European Growth Capital Fund (HEGC) and existing investors Holzbrinck Ventures and Open Ocean Capital. LoopMe’s AI technology learns how people react to […]

November 15, 2016 - HPF – Harbert Power Fund V, LLC Acquires Interest in Large Power Portfolio

Birmingham, Alabama, November 15, 2016 –Harbert Power Fund V, LLC (“HPF V”), in partnership with UBS Asset Management (“UBS”) and Northwestern Mutual (“NM”), has completed the acquisition of a portfolio of power assets located throughout the United States and in Trinidad and Tobago from First Reserve and Beowulf Energy. HPF V and its partners formed […]

November 14, 2016 - HEREF – Trafford Point spec shed secures first letting

Harbert European Real Estate Fund III has let a 141,480 sq ft warehouse near Manchester to SIG Trading. The letting coincides with the completion of the 240,107 sq ft speculative warehouse scheme at Trafford Point. The Trafford Point development is split into two units, of 141,480 sq ft and 98,627 sq ft, and is located […]

July 25, 2016 - HGP – Harbert Venture Partners II, L.P. Announces Sale of Wellcentive to Royal Philips NV

Richmond, Virginia, July 25, 2016 – Harbert Venture Partners II, L.P. (“HVP II”) announced today the successful exit of its investment in Wellcentive, Inc. (“Wellcentive” or the “Company”), which was acquired by Netherlands-based Royal Philips NV (“Philips”). Wellcentive will become part of the Population Health Management business group within Philips where it will be integrated […]

May 12, 2016 - HPF – Harbert Power Fund V, LLC Acquires Calhoun Power Company

Birmingham, Alabama, May 12, 2016 – Harbert Power Fund V, LLC (“HPF V”), through its subsidiary, East Alabama Generating, LLC, has completed the acquisition of the Calhoun Energy Center from LS Power Equity Advisors.  Calhoun is dual-fuel, simple-cycle peaking facility located in Eastaboga, Alabama. “Calhoun has a history of providing reliable and flexible peaking service […]

April 1, 2016 - HPF – HMC Affiliate Gulf Pacific Power, LLC to Acquire up to a 25% Interest in Desert Sunlight

Birmingham, Alabama, March 23, 2016 – Harbert Management Corporation (“HMC”) is pleased to announce  that its affiliate investment fund Gulf Pacific Power, LLC (“GPP”) has entered into  definitive agreements with Sumitomo Corporation of Americas (“SCOA”) to acquire up to a 25% ownership interest in Desert Sunlight Investment Holdings, LLC (“Desert Sunlight”).  Desert Sunlight owns two solar […]