Articles from Harbert Management Corporation

BIRMINGHAM, Ala., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Harbert Management Corporation (“HMC”) is pleased to announce that Gulf Pacific Power, LLC (“GPP”) has completed a transaction with subsidiaries of Enel Green Power North America, Inc. (“Enel”), expanding GPP’s ownership in Midwestern U.S. wind energy facilities (the “Transaction”). Through the Transaction, GPP acquired all of Enel’s cash-equity interests in five operating wind facilities and divested a portion of its interests in two wind facilities.

DUBLIN, Calif. and DALLAS and BIRMINGHAM, Ala., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Harbert Management Corporation’s (“HMC”) South Bay investment team (“Harbert South Bay” or the “Team”) announced it has recently closed on The Whitford of Dublin, a luxury rental, 140-unit seniors housing community in Dublin, California.

IRVINE, Calif., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Harbert Management Corporation’s (“HMC”) South Bay team (“Harbert South Bay” or the “Team”) announced today that it has capitalized the ground-up development of The James, a luxury rental, 350-bed seniors housing community in Irvine, California.

BIRMINGHAM, Ala., Dec. 09, 2024 (GLOBE NEWSWIRE) -- We are excited to share that Harbert Management Corporation (“HMC”) has been voted one of the Best Places to Work in Money Management for the sixth consecutive year.

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.

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.

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.

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.

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.

BIRMINGHAM, Ala., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Harbert Infrastructure Fund VI, LP (“HIF VI”) had its final close on September 30, 2022. HIF VI secured $905 million in fund and related co-investment commitments to invest in HIF VI’s portfolio of North American power and renewable energy opportunities. HIF VI is focused on investments which can provide investors with attractive risk-adjusted returns, reliable current income, opportunity for capital gains, and inflation protection. HIF VI received commitments from a diverse and highly regarded group of domestic and international institutional investors, including pension plans, insurance companies, foundations, and asset managers.