Harbert Management Corp. has promoted John M. Harbert II to senior vice president of strategy.
In his new role, Harbert will be responsible for the company’s strategic planning initiatives including data management, technology, strategy, ESG implementation, business development and capital formation.
“I am proud to be a part of HMC’s continued growth and I look forward to bringing my collective experience across HMC to my new role,” said Harbert. “The future demands that companies prioritize innovation. To that end, I look forward to working in partnership with all departments across the firm to strategically drive innovation, positioning HMC for continued success.”
Harbert joined the company in 2011, serving most recently as director of investments with the Harbert United States Real Estate Strategy in Birmingham, where he focused on the areas of acquisitions, financing and dispositions for the Southeast and Mid-Atlantic U.S. regions. Prior to that, he served as director with the HMC marketing team, raising capital for all company strategies from a variety of investors. In that role, he served in New York, London and Birmingham.
“John brings a diverse perspective, sound judgement, creativity and energy to a very important role within HMC,” said Travis Pritchett, HMC president and COO. “John and I will work closely to identify opportunities for growth, improve efficiency and assess potential risks, ensuring that our long-term strategy allows us to realize our potential. Our employees, partners and clients will benefit from John’s leadership.”
HMC is an alternative asset manager with approximately $7.7 billion in Regulatory Assets Under Management as of December 31, 2023. Formed in 1993, the firm is privately owned and serves a variety of institutional investors across multiple asset classes.