Harbert Fund Advisors, INC.
Assets Under Management
$8.0B
Number of Clients
53
Number of Advisors
1
Average Client AUM
$151.6M
AUM per Advisor
$8.0B
Compensation
Fee-Only (AUM)
About This Firm
Harbert Fund Advisors advises alternative investment funds in real assets, private capital, and absolute return strategies. The firm provides advice and assistance to each Fund regarding the acquisition, management, and disposition of Fund investments and provides institutional infrastructure support. They also provide investment advice to institutional and high net worth investors on a separate account basis.
Fee Structure
Harbert Fund Advisors receives management fees and performance-based compensation for advisory services. The typical range for Fund management fees is 1% to 2.5% per year. Management fees for separate accounts are negotiated with each client. Certain absolute return Funds charge a redemption fee (generally 3%) if an investor withdraws capital prior to the expiration of a lock-up period.
Areas of Practice
Location
2100 Third Avenue North, Ste 600, Birmingham, AL, 35203