Harbert Management Corp. (HMC) has secured$172.3 million of commitments for its sixth infrastructure fund.
Harbert Infrastructure Fund VI was launched in February 2020 with a fundraising target of $700 million. According to an SEC form filed Feb. 9, the fund has garnered backing from 26 investors.
HMC, an investment management firm focusing on alternative assets, invests in infrastructure assets with proven technologies throughout North America, ranging in size from $50 million to $150 million. The company acquires interests in existing assets and seeks out new project development opportunities where a project’s economics can support new build cost.
The firm also considers larger investment opportunities which can be executed through co-investments from investor partners or through Gulf Pacific Power, a separate account fund that was established with th
