Harbert Growth Partners
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.
- Company typePrivate
- Founded1993
- HeadquartersRichmond, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
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.
Harbert Growth Partners firmographics
Firmographics- 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
Harbert Growth Partners industry classification
Industry- 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
Where Harbert Growth Partners is headquartered
LocationHeadquarters
- HQ city
- Richmond
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
Harbert Growth Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- 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.
- 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
Harbert Growth Partners product offering
Product offeringCore 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
Companies that use Harbert Growth Partners
Customer profileNamed customers4 records
Segments1 record
Ideal customer profiles2 records
Harbert Growth Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Harbert Growth Partners partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and supporting.
- Aire Capital PartnerscorePartnership 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 PartnerscoreAcquisition 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 StudentssupportingProperty management company retaining on-site management of Limelight Liverpool student housing under its 'Prestige' banner.
- Momentum Senior LivingcoreOperator partner for seniors housing developments including The Marianne on Inwood. HMC South Bay has partnered with Momentum on seven development projects.
- DeA Capital Real EstatecoreJoint 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.
- AxtomsupportingDeveloper 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
Harbert Growth Partners competitors and assessment
Company assessmentDirect 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
Harbert Growth Partners social profiles
Digital presenceHarbert Growth Partners compliance and trust
Trust signalCompliance1 record
Harbert Growth Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Harbert Growth Partners leadership team
Management profileNumber of profiles
Profiles12 records
Harbert Growth Partners subsidiaries and ownership
Company hierarchySubsidiaries1 record
Harbert Growth Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Harbert Growth Partners M&A and investment
M&A and investmentM&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
What does Harbert Growth Partners do?
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.
Is Harbert Growth Partners a public or private company?
Harbert Growth Partners is a private company. It is classified as family owned and is currently operating.
When was Harbert Growth Partners founded?
Harbert Growth Partners was founded in 1993. It employs 51 to 100 people.
Where is Harbert Growth Partners based?
Harbert Growth Partners is headquartered in Richmond, United States, in the North America region.
How does Harbert Growth Partners make money?
Two revenue lines are on record. Asset Management Fees are the primary driver. The others are performance Fees / Carried Interest.
Who are Harbert Growth Partners's main competitors?
Direct peers on record are Insight Partners, Summit Partners, TA Associates, JMI Equity, Riverside Company, Frontier Capital and Pritzker Private Capital. Broad incumbents are General Atlantic and Harrison Street. NewSpring Capital is listed as a regional player.
Does Harbert Growth Partners have an API?
No public API is recorded for Harbert Growth Partners.
What industry is Harbert Growth Partners in?
Harbert Growth Partners's product category is Alternative Asset Management. Its primary akta.pro industry code is FSANACAO, Multi-Sector / Generalist Growth Equity, with a secondary code of FSANACAH, Real Estate / PropTech Growth Equity. Its NAICS code is 523 and its SIC code is 6211.