Harbert Management Corporation

Senior Resource Group Acquires Naples-Area Community

Retrieved on: 
Thursday, October 7, 2021
Foundation, LLC, SRG, Accreditation, CARF, Commission, Commission on Accreditation of Rehabilitation Facilities, Health, Harbert Management Corporation, Acquisition, Insurance, Suite, Environment, HMC, Management

SOLANA BEACH, Calif., Oct. 7, 2021 /PRNewswire/ -- Senior Resource Group , LLC (SRG), which develops, owns and operates luxury senior-living communities across seven states, in conjunction with its affiliated companies, announced it has acquired The Carlisle Naples, a luxury senior-living campus community in Naples, Florida.

Key Points: 
  • SOLANA BEACH, Calif., Oct. 7, 2021 /PRNewswire/ -- Senior Resource Group , LLC (SRG), which develops, owns and operates luxury senior-living communities across seven states, in conjunction with its affiliated companies, announced it has acquired The Carlisle Naples, a luxury senior-living campus community in Naples, Florida.
  • As part of the transaction, SRG partnered with Harbert Seniors Housing Fund II, L.P. to purchase the unique and distinguished community and re-envision the future it holds.
  • "For more than 15 years, The Carlisle Naples has been one of the premier communities within our management portfolio, and we were excited at the opportunity to acquire the property," said Michael Grust, Senior Resource Group CEO and President.
  • Senior Resource Group, LLC (SRG), develops, owns, and operates engaging and innovative, independent living, assisted living and Alzheimer's/dementia care communities throughout Arizona, California, Florida, Georgia, Oregon, Texas, and Washington.

Harbert United States Real Estate Fund VII, L.P. Announces Final Close

Retrieved on: 
Tuesday, May 11, 2021
Harbert Management Corporation

b'BIRMINGHAM, Ala., May 11, 2021 (GLOBE NEWSWIRE) -- Harbert United States Real Estate Fund VII, L.P., along with its parallel fund (\xe2\x80\x9cHUSREF VII\xe2\x80\x9d or the \xe2\x80\x9dFund\xe2\x80\x9d), announces its final close, bringing in new equity commitments of approximately $96 million for a total fundraise of approximately $521 million, including co-investment capital.

Key Points: 
  • b'BIRMINGHAM, Ala., May 11, 2021 (GLOBE NEWSWIRE) -- Harbert United States Real Estate Fund VII, L.P., along with its parallel fund (\xe2\x80\x9cHUSREF VII\xe2\x80\x9d or the \xe2\x80\x9dFund\xe2\x80\x9d), announces its final close, bringing in new equity commitments of approximately $96 million for a total fundraise of approximately $521 million, including co-investment capital.
  • The Fund includes significant institutional investors from across the United States and Europe.
  • The U.S. Real Estate strategy, sponsored by Harbert Management Corporation (\xe2\x80\x9cHMC\xe2\x80\x9d) has a 25-year track record of success including 125 investments totaling approximately $5.0 billion in volume.
  • Investment strategies include European and U.S. real estate, seniors housing, U.S. growth capital, credit solutions, infrastructure and absolute return funds.

Harbert Discovery Fund Issues Letter to Mary Tagliaferri and Ian Walters, Current Directors of Enzo Biochem, Inc.

Retrieved on: 
Wednesday, December 30, 2020
Harbert, Investment fund, Fiduciary, Harbert Management Corporation, Raymond J. Harbert

As you know, both ISS and Glass Lewis take pride in providing serious, independent, and unbiased assessments of company corporate governance.

Key Points: 
  • As you know, both ISS and Glass Lewis take pride in providing serious, independent, and unbiased assessments of company corporate governance.
  • We believe you have a fiduciary responsibility to accept his resignation, and we strongly urge you to accept it.
  • Harbert Discovery Co-Investment Fund I, LP
    Kenan Lucas, Managing Director and Portfolio Manager of Harbert Discovery Fund GP, LLC and Harbert Discovery Co-Investment Fund I GP, LLC
    THIS STATEMENT CONTAINS OUR CURRENT VIEWS ON THE VALUE OF SECURITIES OF ENZO BIOCHEM, INC. (ENZO).
  • HMC is an alternative asset management firm with approximately $7.5 billion in regulatory assets under management as of November 30, 2020.

Harbert Management Corporation and Claret Capital Partners Announce Close of Transaction

Retrieved on: 
Thursday, October 29, 2020
Finance, Banking, Accounting, Professional services, Small business, Harbert Management Corporation, Harbert, Service companies

Harbert Management Corporation (HMC) and Claret Capital Partners Limited (Claret), a company formed by David Bateman and Johan Kampe, are pleased to announce the closing of a transaction by which Claret has assumed full ownership and control of the general partners of Harbert European Growth Capital (HEGC) investment funds, including Harbert European Growth Capital Fund I, L.P. (HEGCF I), Harbert European Growth Capital Fund II, SCSp (HEGCF II) and the newly launched Harbert / Claret European Growth Capital Fund III, SCSp (HEGCF III).

Key Points: 
  • Harbert Management Corporation (HMC) and Claret Capital Partners Limited (Claret), a company formed by David Bateman and Johan Kampe, are pleased to announce the closing of a transaction by which Claret has assumed full ownership and control of the general partners of Harbert European Growth Capital (HEGC) investment funds, including Harbert European Growth Capital Fund I, L.P. (HEGCF I), Harbert European Growth Capital Fund II, SCSp (HEGCF II) and the newly launched Harbert / Claret European Growth Capital Fund III, SCSp (HEGCF III).
  • In connection with the transaction, Claret is hiring the entire HEGC investment team, assuming the lease for their current office space in London and acquiring related assets from HMC.
  • This investment team will remain the same, and their activities are expected to continue seamlessly as we commence investing HEGCF III.
  • As a result of the transaction, Claret now manages, or has arranged for the third party management of, the HEGC funds commencing October 26, 2020.

Harbert Management Corporation Announces Promotions as part of Leadership Transition Plan

Retrieved on: 
Tuesday, October 6, 2020
Harbert Management Corporation, Raymond J. Harbert, Harbert, Finance, ALABAMA, Businesspeople, Bill L. Harbert, John M. Harbert

BIRMINGHAM, Ala., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Raymond J. Harbert, Chairman and CEO of Harbert Management Corporation (HMC), announced key promotions on Tuesday.

Key Points: 
  • BIRMINGHAM, Ala., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Raymond J. Harbert, Chairman and CEO of Harbert Management Corporation (HMC), announced key promotions on Tuesday.
  • Effective January 1, 2021, Travis Pritchett, Raymond Harbert Jr., and Bobby Spiller will take on new roles within HMCs leadership team.
  • Bobby will now report to Raymond Harbert Jr., EVP and Chief Financial Officer as part of the leadership transition.
  • Harbert Management Corporation, an alternative asset management firm with approximately $7.8 billion in Regulatory Assets Under Management as of September 30, 2020, a privately owned firm formed in 1993 to sponsor alternative asset investment funds.

Harbert Management Corporation Announces Retirement of Sonja Keeton, CFO

Retrieved on: 
Tuesday, September 22, 2020
Harbert Management Corporation, Raymond J. Harbert, Finance, Harbert, ALABAMA, PricewaterhouseCoopers, Business, Asset management, Bill L. Harbert, Will Brooke

Ms. Keeton joined Harbert Corporation in 1990, becoming Director of Corporate Taxation and Assistant Controller in 1992.

Key Points: 
  • Ms. Keeton joined Harbert Corporation in 1990, becoming Director of Corporate Taxation and Assistant Controller in 1992.
  • Sonja is a strong and dedicated leader who has made significant contributions to HMC, said Chairman and CEO, Raymond J. Harbert.
  • Ms. Keeton is a Certified Public Accountant who practiced with PricewaterhouseCoopers (formerly Coopers & Lybrand) prior to joining Harbert Corporation.
  • Harbert Management Corporation, an alternative asset management firm with approximately $7.8 billion in Regulatory Assets Under Management as of August 31, 2020 is a privately owned firm formed in 1993 to sponsor alternative asset investment funds.

HMC Successfully Concludes the HERO Small Business Relief Fund

Retrieved on: 
Wednesday, May 20, 2020
Finance, Harbert Management Corporation, Investment management, Fund of funds, Economy, Investment

BIRMINGHAM, Ala., May 20, 2020 (GLOBE NEWSWIRE) -- Harbert Management Corporation (HMC), in conjunction with its internal charitable foundation, Harbert Employees Reaching Out (HERO), is pleased to provide an update on the progress of the HERO Small Business Relief Fund (HSBRF).

Key Points: 
  • BIRMINGHAM, Ala., May 20, 2020 (GLOBE NEWSWIRE) -- Harbert Management Corporation (HMC), in conjunction with its internal charitable foundation, Harbert Employees Reaching Out (HERO), is pleased to provide an update on the progress of the HERO Small Business Relief Fund (HSBRF).
  • The HSBRF was announced on April 16, 2020 in response to the COVID-19 pandemic and related economic disruption.
  • Overall, the HSBRF received over 330 applications and was able to fund approximately 20% of them with an average grant size of approximately $16,000.
  • HMC serves foundations and endowments, fund of funds, pension funds, financial institutions, insurance companies, family offices, and high net worth individuals across multiple asset classes.

Harbert Seniors Housing Fund II, L.P. Announces Final Close

Retrieved on: 
Tuesday, May 5, 2020
Harbert Management Corporation, Harbert

BIRMINGHAM, Ala., May 05, 2020 (GLOBE NEWSWIRE) -- Harbert Seniors Housing Fund II, L.P., along with its parallel funds (collectively, the Fund), which invest in seniors housing properties in the United States, is pleased to announce its final close on April 30, 2020, bringing in total equity commitments of approximately $510 million.

Key Points: 
  • BIRMINGHAM, Ala., May 05, 2020 (GLOBE NEWSWIRE) -- Harbert Seniors Housing Fund II, L.P., along with its parallel funds (collectively, the Fund), which invest in seniors housing properties in the United States, is pleased to announce its final close on April 30, 2020, bringing in total equity commitments of approximately $510 million.
  • The Fund, which includes significant institutional and private investors from domestic and international sources, represents the second sector-specific real estate investment fund for Harbert Management Corporation (HMC).
  • These investments total nine properties and create a diverse portfolio of seniors housing properties across geography, operator and acuity.
  • Harbert Seniors Housing Fund I, L.P., totaling $209 million including co-investment capital, is fully committed across 30 properties with nine best-in-class operators.

HMC funding the HERO Small Business Relief Fund

Retrieved on: 
Thursday, April 30, 2020
Harbert Management Corporation, Finance, Fund of funds, Harbert, Economy, Investment

BIRMINGHAM, Ala., April 30, 2020 (GLOBE NEWSWIRE) -- Harbert Management Corporation (HMC), in conjunction with its internal foundation Harbert Employees Reaching Out (HERO), is pleased to provide an update on the progress of the HERO Small Business Relief Fund (HSBRF).

Key Points: 
  • BIRMINGHAM, Ala., April 30, 2020 (GLOBE NEWSWIRE) -- Harbert Management Corporation (HMC), in conjunction with its internal foundation Harbert Employees Reaching Out (HERO), is pleased to provide an update on the progress of the HERO Small Business Relief Fund (HSBRF).
  • HSBRF has begun communicating approvals to these businesses and working to get grant checks in their hands as soon as possible.
  • The HERO Small Business Relief Fund has been enthusiastically received by the local small business community, said John Harbert, who is leading the HSBRF initiative.
  • HMC serves foundations and endowments, fund of funds, pension funds, financial institutions, insurance companies, family offices, and high net worth individuals across multiple asset classes.

Glass Lewis Recommends Shareholders Vote For the Election of Both Harbert Discovery Fund Nominees to Enzo Biochem’s Board

Retrieved on: 
Thursday, January 16, 2020
Banking, Professional services, Finance, Harbert Management Corporation, Harbert, Harbert Discovery Fund (HDF), Harbert Management Corporation (HMC)

Kenan Lucas, Managing Director and Portfolio Manager of HDF, commented on the report: We are extremely pleased that Glass Lewis has supported our case for change at Enzo.

Key Points: 
  • Kenan Lucas, Managing Director and Portfolio Manager of HDF, commented on the report: We are extremely pleased that Glass Lewis has supported our case for change at Enzo.
  • We look forward to continuing constructive engagement with the Board and management on the path to improvement at Enzo.
  • HDF, like Glass Lewis, encourages you to vote on the BLUE proxy card FOR the election of Fabian Blank and Peter Clemens today.
  • Important Information about Participants in a Proxy Solicitation:
    Harbert Discovery Fund, LP (Harbert Discovery), Harbert Discovery Fund GP, LLC (Harbert Discovery GP), Harbert Discovery Co-Investment Fund I, LP (Harbert Discovery Co-Investment and together with Harbert Discovery, the Discovery Funds), Harbert Discovery Co-Investment Fund I GP, LLC (Harbert Discovery Co-Investment GP), Harbert Fund Advisors, Inc. (HFA), Harbert Management Corporation (HMC), Jack Bryant (Mr. Bryant), Raymond Harbert (Mr. Harbert) and Kenan Lucas (Mr. Lucas and together with Harbert Discovery, Harbert Discovery GP, Harbert Discovery Co-Investment, Harbert Discovery Co-Investment GP, HFA, HMC and Messrs. Bryant and Harbert, the Harbert Discovery Parties) (collectively, the Participants) have filed with the Securities and Exchange Commission (the SEC) a definitive proxy statement and accompanying form of proxy to be used in connection with the solicitation of proxies from the shareholders of Enzo Biochem, Inc. (the Company) in connection with the annual meeting of shareholders of the Company (the Annual Meeting).