Harbert Management Corporation raises $510m

Harbert Seniors Housing Fund II held its final close.

  • Fund name: Harbert Seniors Housing Fund II
  • Stage of fundraising: Final Close
  • Amount raised: $510m
  • Final close date: May 2020
  • Predecessor Fund: Harbert Seniors Housing Fund I

Harbert Management Corporation held a final close for Harbert Seniors Housing Fund II, raising $510 million. The firm’s second sector-specific real estate fund will invest in senior housing properties throughout the United States. The fund successfully raised $300 million more than its predecessor.