The HARBERT GROUP is a privately held investment adviser that advises $7.82Bn in regulatory assets under management held in 5 SEC fund types across 6 investment strategies. HARBERT GROUP is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 9.3% over the last 5-years.
The Group has been registered with the SEC for 32.59 years and is comprised of 1 filing and 0 relying advisers. They operate out of 10 office locations with their Headquarters at 2100 THIRD AVENUE NORTH, STE 600, BIRMINGHAM, ALABAMA. The Group has been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 147 employees comprised of 62 investment and 85 non-investment staff. The total number of Employees decreased by 5.16% over the last 5-years.
Their $7.82Bn in assets advised are owned by 60 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $7.82Bn or 100% of Total Assets.
The Group's top investment strategies include Infrastructure, Real Estate and Multi Strat, representing 36.21%, 32.16% and 23.45% of total assets, respectively.
They advise 1 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC).
The Group uses 2 Fund Administrators, 2 Fund Auditors, 2 Prime Brokers, 5 Custodians and 4 Marketers. It does not report a third-party Fund Administrator in 55 private funds with $6.67Bn in assets.
The Group discloses advisory fees, management fees and performance-based fees.
HARBERT GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.