Harbert Growth Partners

What Harbert Growth Partners does

Harbert Management Corporation (HMC) is a privately held, independently owned alternative asset manager founded in 1993 by Raymond Harbert, with predecessor operations dating to 1949. The firm operates eight distinct investment strategies across US Real Estate, European Real Estate (HERE), Power and energy infrastructure, Seniors Housing, the South Bay luxury seniors housing development platform, Growth Equity (Harbert Growth Partners), Credit Solutions, and Absolute Return. HMC manages approximately $8.0–8.1B in Regulatory Assets Under Management as of early 2026 and employs more than 160 professionals across 12 offices in the United States and Europe (Birmingham HQ plus Atlanta, Charlotte, Dallas, Nashville, New York, Richmond, San Francisco, London, Luxembourg, Madrid, and Paris).

Harbert Growth Partners is the firm's growth equity strategy, targeting emerging-growth-stage technology and tech-enabled companies in the Mid-Atlantic, Southeast, and Southwest, with thematic focus on enterprise software, cybersecurity, financial technology, real estate technology, and healthcare IT. The broader HMC platform invests across real assets and private capital, with historical transaction volumes including $12.8B deployed in Power, $6.3B in US Real Estate, €5.9B in European Real Estate, $1.8B in Seniors Housing, $1.6B in South Bay, $970M in Credit Solutions, and $375M in Growth Equity.

HMC generates revenue through management fees (typically 1–2% of AUM) and performance fees / carried interest (typically 20% above hurdle rates) across its fund vehicles. The firm distributes investment products through a field-sales model targeting institutional investors — pension funds, insurance companies, endowments, foundations, and family offices — via direct outreach by senior relationship managers, industry conferences, and existing client referrals. HMC's wholly-owned subsidiary Harbert Fund Advisors, Inc. (HFA) serves as the SEC-registered investment adviser to HMC-sponsored funds, and the firm has been a UN Principles for Responsible Investment signatory since 2021.

Name

Harbert Growth Partners

Legal name

Harbert Management Corporation

Website

https://harbert.net

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Short description

Harbert Growth Partners is the growth equity strategy of Harbert Management Corporation, a privately held alternative asset manager with ~$8B AUM across eight investment strategies. It invests in emerging-growth technology and tech-enabled companies in the Mid-Atlantic, Southeast, and Southwest US, targeting enterprise software, cybersecurity, fintech, proptech, and healthcare IT.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Multi-Sector / Generalist Growth Equity (FSANACAO)

akta.pro secondary industries

Real Estate / PropTech Growth Equity (FSANACAH), Energy & Sustainability / Climate Growth Equity (FSANACAG)

Keywords

• Alternative asset management
• Growth equity investing
• Private equity investments
• Institutional investment management
• Venture capital funding

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Asset Management Fees: HMC generates revenue through management fees charged on assets under management across its various investment strategies. Fees are typically charged as a percentage of regulatory assets under management and vary by strategy and fund.
2. Performance Fees / Carried Interest: The firm earns performance-based fees when investment returns exceed specified benchmarks or hurdles, aligning manager and investor interests.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Harbert Growth Partners is the growth equity strategy of Harbert Management Corporation (HMC), a privately held alternative asset manager. It provides capital, strategic guidance, and network access to emerging growth-stage technology and tech-enabled companies, with a focus on enterprise software, cybersecurity, financial technology, real estate technology, and healthcare IT across the Mid-Atlantic, Southeast, and Southwest U.S. regions. Within the broader HMC platform, the firm also manages institutional capital across real estate, power infrastructure, seniors housing, credit solutions, and European real estate strategies.

Product overview

Harbert Growth Partners is the growth equity strategy of Harbert Management Corporation, an alternative asset management firm. The firm focuses on providing capital, strategic guidance, and access to an extensive network to high-growth technology and tech-enabled companies. Investment strategies under HMC include European and U.S. real estate, power, seniors housing, growth capital (Harbert Growth Partners), and credit solutions. Harbert Growth Partners targets emerging growth-stage companies in the Mid-Atlantic, Southeast, and Southwest regions, focusing on enterprise software, cybersecurity, financial technology, real estate technology, and healthcare IT sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Harbert European Real Estate (HERE): European real estate investment platform focusing on value-add investments across Western Europe, established in 2002.
• Harbert Power
• Harbert Seniors Housing
• Harbert South Bay
• Harbert Credit Solutions
• US Real Estate
• HERO Foundation

Products and services

• Harbert Growth Partners (Growth Equity Strategy)
• Harbert Power
• Harbert Seniors Housing
• Harbert South Bay
• Harbert Credit Solutions
• US Real Estate
• Harbert European Real Estate (HERE)

Quantifiable outcome

• 30+ consecutive years of operation and growth in alternative assets
• +1 more outcomes

Named customers4 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and supporting.

• Aire Capital PartnerscoreStrategic or Co-development Partner · 17 June 2026Partnership with French real estate asset manager Aire Capital Partners for forward funding of business park development in Paris region (Limeil-Brévannes). Joint acquisition structured as Property Development Agreement with Gefec.
• Blacklight Capital PartnerscoreStrategic or Co-development Partner · 24 March 2026Acquisition of prime Liverpool student housing asset (Limelight, 535 beds) from boutique investor-developer Blacklight Capital Partners, which developed the property in partnership with RoundShield (Harrison Street's European platform).
• Homes for StudentssupportingOthers · 1 March 2026Property management company retaining on-site management of Limelight Liverpool student housing under its 'Prestige' banner.
• Momentum Senior LivingcoreOthers · 22 January 2026Operator partner for seniors housing developments including The Marianne on Inwood. HMC South Bay has partnered with Momentum on seven development projects.
• DeA Capital Real EstatecoreStrategic or Co-development Partner · 14 January 2026Joint venture partnership between HMC's European Real Estate platform (HERE) and DeA Capital Real Estate to acquire and develop business parks in France. The partnership acquired an initial c.73,000 sq.m portfolio of business parks in January 2026 through a jointly structured vehicle.
• AxtomsupportingStrategic or Co-development Partner · 1 January 2026Developer of business park assets acquired by HMC/HERE in France. Assets being developed by Axtom's subsidiary Axdev with delivery expected 2026-2027.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Insight Partners: Large-scale growth equity investor focused on high-growth software and technology companies; directly comparable to Harbert Growth Partners' enterprise software and tech-enabled investment thesis, though at materially greater AUM.
• Summit Partners: Multi-stage growth equity and venture capital firm investing across technology, healthcare, and growth services; comparable to Harbert Growth Partners in stage focus and sector breadth.
• TA Associates: Growth equity firm targeting technology, healthcare, financial services, and consumer companies; comparable stage and sector focus to Harbert Growth Partners.
• JMI Equity: Growth equity firm focused on enterprise software, vertical SaaS, and tech-enabled services; directly comparable target sectors to Harbert Growth Partners.
• Riverside Company: Multi-strategy private equity firm with growth and buyout funds across technology, healthcare, and business services; comparable multi-sector growth equity platform.
• Frontier Capital: Growth equity firm investing in lower middle-market software and tech-enabled services companies; comparable sector focus and check size to Harbert Growth Partners.
• Pritzker Private Capital: Family-controlled, independently held private investment firm with a multi-sector and multi-strategy approach; comparable to HMC's private, family-influenced governance and broad sector mandate.

Broad incumbents

• General Atlantic: Large, established growth equity investor with a global mandate; broader portfolio scale and sector reach than HMC's Growth Equity but similar multi-sector tech/healthcare thesis.
• Harrison Street: Alternative investment manager with platforms across real estate, infrastructure, and credit; comparable multi-strategy alternative asset model to HMC overall, including a RoundShield European private credit platform that has partnered with HMC on deals.

Regional players

• NewSpring Capital: US Mid-Atlantic-focused growth equity firm; directly comparable regional focus and stage to Harbert Growth Partners' Southeast/Mid-Atlantic deal sourcing strategy.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/harbertmgmtcorp
• LinkedInlinkedin.com/company/harbert-management-corporation

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments89 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Harbert Growth Partners