trending Market Intelligence /marketintelligence/en/news-insights/trending/-IWZjfhijJ5U5ISOAMG1aQ2 content esgSubNav
In This List

Harbert Management's US seniors housing fund pulls in $209M

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection

Video

S&P Capital IQ Pro | Powered by Advanced Visualization

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


Harbert Management's US seniors housing fund pulls in $209M

A Harbert Management Corp.-backed fund focused on U.S. seniors housing properties raised $209 million in equity commitments and co-investment capital in the final close of its fundraising.

Harbert Seniors Housing Fund I LP, which is Harbert Management's first sector-specific real estate investment fund, attracted capital from domestic and global institutional and private investors.

So far, the fund has invested and committed roughly $103 million to 24 seniors housing properties in seven deals.

As of July 31, Harbert Management has about $2.4 billion in regulatory assets under management across its U.S. and European real estate funds, according to a release.