Harbert United States Real Estate Fund Announces Final Close

Marketwired Tuesday, 12 December 2017 ()
BIRMINGHAM, AL--(Marketwired - December 12, 2017) - Harbert United States Real Estate Fund VI, L.P. ("HUSREF VI"), which invests in real estate assets with value-add potential across major markets in the United States, announces its final close, bringing in new equity commitments of approximately $428,500,000. This closing, which includes significant institutional investors from across the United States and Europe, represents the largest close for a Harbert real estate fund to date, surpassing the approximate $407 million raised for Harbert United States Real Estate Fund V, L.P. Globally, Harbert Management Corporation manages approximately $5.3 billion of Regulatory Assets Under Management as of November 30, 2017, which includes approximately $2.5 billion in committed equity across its U.S. and European real estate funds.
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