Harbert Management Corporation

Harbert Management Corporation announces Promotion of John Harbert to Senior Vice President of Strategy

Retrieved on: 
Wednesday, January 10, 2024
Senior, Data management, Partnership, ESG, Real estate, Creativity, HMC, Marketing, Harbert Management Corporation, Growth, Management

BIRMINGHAM, Ala., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) announces the promotion of John M. Harbert II to Senior Vice President of Strategy.

Key Points: 
  • BIRMINGHAM, Ala., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) announces the promotion of John M. Harbert II to Senior Vice President of Strategy.
  • In his new role, John will be charged with overall responsibility for HMC’s strategic planning initiatives including data management, technology strategy, ESG implementation, business development and capital formation.
  • HMC President and COO, Travis Pritchett commented, “John brings a diverse perspective, sound judgment, creativity, and energy to a very important role within HMC.
  • John and I will work closely to identify opportunities for growth, improve efficiency and assess potential risks, ensuring that our long-term strategy allows us to realize our potential.

Harbert Management Corporation included in 2023 Pensions & Investments Best Places to Work in Money Management

Retrieved on: 
Monday, December 11, 2023
Crain Communications, Culture, Philosophy, HMC, Research, News, Harbert Management Corporation, Social responsibility, Fund administration, Pension, History, P&I, Management

BIRMINGHAM, Ala., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) has been voted one of the Best Places to Work in Money Management for the fifth year in a row.

Key Points: 
  • BIRMINGHAM, Ala., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) has been voted one of the Best Places to Work in Money Management for the fifth year in a row.
  • Presented by Pensions & Investments, the global news source of money management and institutional investing, the 12th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.
  • HMC prides itself on its history of managing the firm and investment strategies with the utmost integrity.
  • “Pensions & Investments is proud to honor the Best Places to Work in Money Management for the 12th year.

Harbert Management Corporation Announces Head of European Capital Markets

Retrieved on: 
Thursday, September 7, 2023
Capital market, Cushman & Wakefield, HMC, Lazard, Emotional intelligence, Harbert Management Corporation, Bank

BIRMINGHAM, Ala. and LONDON, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) announces that Bryony Tomlinson has joined the firm as Managing Director, Head of European Capital Markets.

Key Points: 
  • BIRMINGHAM, Ala. and LONDON, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) announces that Bryony Tomlinson has joined the firm as Managing Director, Head of European Capital Markets.
  • Based in London, Bryony will lead HMC’s outreach in the European marketplace to provide solutions for existing investors as well as develop new limited partner relationships.
  • Bryony has 16 years of experience in investment management, most recently serving as Managing Director with Lazard in Private Capital Advisory.
  • Lee Purcell, HMC’s Global Head of Capital Markets commented, “We are thrilled to add someone of Bryony’s caliber to our firm.

Fin Capital Announces Formation of Advisory Board

Retrieved on: 
Tuesday, September 12, 2023
Banking, Fintech, Professional Services, Finance, Diamond, NASP, SK, Senior, Committee, SGX, Investment, Robotics, Capital, Principal, National Association, CPO, Boston Consulting Group, Risk, HKSE, Risk management, Banque Indosuez, Government, USRobotics, Partner, Knowledge, Growth, Security (finance), CIO, Harbert Management Corporation, Apollo Global Management, 3Com, Norwest Venture Partners, Citigroup, Engineering, Merrill (company), GIC, Information technology, Financial services, Senior advisor, Performance management, Stanford University, Boston, Private limited company, Yucaipa Companies, Harvard Innovation Labs, Mastercard, Hertz, SEI, Freeman Vineyard & Winery, Cryptocurrency, Management, Governance

Fin Capital , a global asset manager specializing in B2B FinTech, today announced the launch of its advisory board.

Key Points: 
  • Fin Capital , a global asset manager specializing in B2B FinTech, today announced the launch of its advisory board.
  • Comprised of leaders across several investment and operating disciplines, the board will provide important support to both the firm and its portfolio companies.
  • The advisory board will aid and assist Fin Capital's investment and platform teams in evaluating investment opportunities, business development across the firm's multi-stage portfolios, and adding talent to underlying management teams.
  • Jordi Nieto Gabarró: Founder and CEO of Crillon Capital Partners (Former Sabertia Capital Partners), a leading investment banking boutique with a presence in more than 20 countries.

Harbert Infrastructure Fund VI, LP Acquires Interest in Hawaiian Cogeneration Facility

Retrieved on: 
Thursday, August 10, 2023
Island, PSEG, ABB, Harbert Management Corporation, Partnership, Senior, Hawaiian Electric Industries, Renewable energy

BIRMINGHAM, Ala., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) is pleased to announce that Harbert Infrastructure Fund VI, LP (“HIF VI”) has acquired PSEG Power’s 50% interest in Kalaeloa Partners, L.P. (“Kalaeloa”), a partnership owning a 208 MW low sulfur fuel oil-fired cogeneration facility on the Island of Oahu, Hawaii.

Key Points: 
  • BIRMINGHAM, Ala., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) is pleased to announce that Harbert Infrastructure Fund VI, LP (“HIF VI”) has acquired PSEG Power’s 50% interest in Kalaeloa Partners, L.P. (“Kalaeloa”), a partnership owning a 208 MW low sulfur fuel oil-fired cogeneration facility on the Island of Oahu, Hawaii.
  • Located in Oahu’s Campbell Industrial Park near Kapolei, the facility is operating under a ten-year power purchase agreement with Hawaiian Electric and a steam sales agreement with Par Hawaii.
  • The facility’s ABB GT11NM combustion turbines allow a high degree of fuel flexibility, an important characteristic as Hawaii transitions to renewable energy resources.
  • Claude Estes, Senior Managing Director and Head of Infrastructure, noted, “HMC is excited to expand our ownership position at Kalaeloa.

Harbert Management Corporation Announces Head of Infrastructure and Senior Managing Director

Retrieved on: 
Thursday, February 16, 2023
Senior, Creativity, Infrastructure, Harbert Management Corporation, Senior advisor, HMC, Head, Asset management, Investment

BIRMINGHAM, Ala., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) announces the promotion of Claude Estes to Head of Infrastructure and Senior Managing Director.

Key Points: 
  • BIRMINGHAM, Ala., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) announces the promotion of Claude Estes to Head of Infrastructure and Senior Managing Director.
  • In his new role, Claude will be charged with overall responsibility for Harbert Infrastructure’s activities including acquisitions, asset management and the strategic direction of the platform.
  • Claude joined HMC in 2015 and has held escalating positions including most recently, Head of Investments of Harbert Infrastructure.
  • During his time as Head of Investments, Claude oversaw substantial growth of the platform with the team now managing over $3.5 billion for domestic and international partners.

Slate Asset Management Announces Partner and Managing Director Promotions

Retrieved on: 
Wednesday, December 21, 2022
REIT, Building Systems, Alternative Energy, Energy, Construction & Property, Slate, Business administration, Triple accreditation, Lazard, Haas School of Business, Master of Finance, Bachelor of Business Administration, Research, Business, Harbert Management Corporation, HEC Montréal, Risk, Roanoke College, Berkeley, Annaly Capital Management, JLL, SREC, Growth, Western University, Caisse, Associate, FRM, Columbia University, University, Master of Business Administration, Ivey Business School, Yonge, Marketplace, Partner, Katie, Woman, Financial services, Management, Northeastern University, Investment

Slate Asset Management (“Slate”), a global alternative investment platform targeting real assets, today announced six new Partner and Managing Director promotions, effective January 1, 2023.

Key Points: 
  • Slate Asset Management (“Slate”), a global alternative investment platform targeting real assets, today announced six new Partner and Managing Director promotions, effective January 1, 2023.
  • Brendan Shanahan, Managing Director – Brendan joined Slate in 2021 and oversees the firm’s debt investment origination and execution in the Midwest and Western regions of the US.
  • Connor O'Brien, Managing Director – Connor joined Slate in 2012 and is responsible for overseeing the origination and execution of acquisitions and dispositions across the US.
  • Prior to joining Slate, Molly served as Managing Director on the Funds Advisory team at JLL where she advised Slate on their capital raising efforts.

Harbert Infrastructure Fund VI, LP Announces Final Close

Retrieved on: 
Thursday, October 6, 2022
HIF, Harbert Management Corporation, Insurance, Foundation, GLOBE, Income, COO, HMC, Investment, Renewable energy, Financial services

BIRMINGHAM, Ala., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Harbert Infrastructure Fund VI, LP (HIF VI) had its final close on September 30, 2022.

Key Points: 
  • BIRMINGHAM, Ala., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Harbert Infrastructure Fund VI, LP (HIF VI) had its final close on September 30, 2022.
  • Since 1986, Harbert Infrastructure has deployed over $7.6 billion across 56 investments with varied fuel sources, technologies, and transaction structures.
  • HMC President and COO, Travis Pritchett added, We are immensely proud of the latest Harbert Infrastructure close.
  • HIF VI is an investment vehicle of Harbert Management Corporation (HMC) which held its final closing on September 30, 2022.

Gulf Pacific Power Increases Stake in Two Wind Portfolios

Retrieved on: 
Monday, June 27, 2022
Insurance, Enel, Sandersville, Wind, GLOBE, Foundation, GPP, LLC, Harbert Management Corporation, HMC, Renewable energy, Investment

BIRMINGHAM, Ala., June 27, 2022 (GLOBE NEWSWIRE) -- Harbert Management Corporation (HMC) is pleased to announce that Gulf Pacific Power, LLC (GPP) has increased its cash-equity position in two wind portfolios: EGPNA Renewable Energy Holdings, LLC, a holding company that owns a 785 MW portfolio of four operating wind projects, and Rocky Caney Holdings, LLC, a holding company owning two operating wind projects totaling 349 MW (together, the Portfolios).

Key Points: 
  • BIRMINGHAM, Ala., June 27, 2022 (GLOBE NEWSWIRE) -- Harbert Management Corporation (HMC) is pleased to announce that Gulf Pacific Power, LLC (GPP) has increased its cash-equity position in two wind portfolios: EGPNA Renewable Energy Holdings, LLC, a holding company that owns a 785 MW portfolio of four operating wind projects, and Rocky Caney Holdings, LLC, a holding company owning two operating wind projects totaling 349 MW (together, the Portfolios).
  • GPP acquired the additional interests from subsidiaries of Enel Green Power North America, Inc. ("Enel"), who will continue to operate the Portfolios.
  • Each of the projects benefit from long-term power purchase agreements with highly rated counterparties.
  • Claude Estes, Head of Investments at Harbert Infrastructure, noted, We are thrilled to expand our ownership position in these two wind portfolios, as well as our relationship with our partner Enel.

Harbert United States Real Estate Fund VII, L.P. Acquires The Summit Apartments

Retrieved on: 
Tuesday, June 21, 2022
Eaglebrook School, General Electric, GE Digital, Dendreon, Honeywell, Delta Air Lines, Summit, UPS, Property, Insurance, Summit Apartment Building, Foundation, Newell Brands, GLOBE, Investment, Procter & Gamble, BlackRock, Coca-Cola, Microsoft, Hartsfield–Jackson Atlanta International Airport, Kraft Foods, Restaurant, HMC, Harbert Management Corporation, DHL, The Home Depot, Commercial property, Estate, Amazon, Caterpillar, Atlanta, Costco, Airbnb

BIRMINGHAM, Ala., June 21, 2022 (GLOBE NEWSWIRE) -- Harbert United States Real Estate Fund VII, L.P., along with its parallel fund (HUSREF VII), has acquired The Summit Apartments (The Summit or the Property) in Union City, Georgia.

Key Points: 
  • BIRMINGHAM, Ala., June 21, 2022 (GLOBE NEWSWIRE) -- Harbert United States Real Estate Fund VII, L.P., along with its parallel fund (HUSREF VII), has acquired The Summit Apartments (The Summit or the Property) in Union City, Georgia.
  • Eaglebrook Real Estate (Eaglebrook) is HUSREF VIIs joint venture partner in this investment.
  • With more than 25 years of experience, the principal of Eaglebrook has acquired, managed, financed, and sold more than $3 billion of real estate throughout the United States.
  • Investment strategies include European and U.S. real estate, seniors housing, growth capital, credit solutions, infrastructure, and absolute return funds.