Harbert Fund Advisors, LLC is an SEC-registered investment adviser based in Birmingham, AL that reports managing 3 hedge funds on Form ADV. It reports $7.8 billion in regulatory assets under management. Its private funds, of all types, hold $6.9 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +34.6% 2025 YTD through Dec 31 (S&P 500: +16.4%), based on 13F filings. Over a longer period they returned an estimated +41.1% from Q3 2024 to Q4 2025, compared with +25.3% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $7.8 billionForm ADV Item 5.F
- Gross assets of private funds
- $6.9 billionAll private fund types, Form ADV
- Hedge funds managed
- 344 private funds in total
- Employees
- 147Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 110577
- Latest Form ADV
- 03/31/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
Est. 2025 YTD+34.6%Through Q4 2025 · S&P 500 +16.4%
Est. 2-year return+41.1%Q3 2024 – Q4 2025
S&P 500+25.3%Same quarters, price only
13F holdings$3.0 million2 positions, 2026-03-31
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q4 2025 | +13.2% | +2.4% |
| Q3 2025 | +11.8% | +7.8% |
| Q2 2025 | +18.1% | +10.4% |
| Q1 2025 | -10.0% | -4.5% |
| Q4 2024 | +3.9% | +2.1% |
| Q3 2024 | +1.0% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Identiv Inc$2.7 million
- Transact Technologies Inc$305,730
As of 2026-03-31, from 13F filing by Harbert Fund Advisors, Inc..
Hedge funds filing Form D (2)
Fund
First sale
Raised
Investors
Minimum
YTD performance
Harbert 6Beacon Fund, LP
Birmingham, AL
First saleJan 2022
Raised$59.7M
Investors53
MinimumNone set
YTD performanceNot reported
Harbert Pioneer Fund, LP
Birmingham, AL
First saleJun 2022
Raised$50.8M
Investors17
MinimumNone set
YTD performanceNot reported
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private funds reported on Form ADV (30)
Fund
Gross assets
Minimum
Owners
Adviser
Gulf Pacific Power, LLC
Delaware, United StatesPrivate equity fund
Gross assets$1.9B
Minimum$1.0M
Owners14
AdviserHarbert Fund Advisors, Inc.
Harbert European Real Estate Fund V, L.P.
United KingdomReal estate fund
Gross assets$634M
Minimum$10.0M
Owners107
AdviserHarbert Fund Advisors, Inc.
Harbert United States Real Estate Fund VII, L.P.
Delaware, United StatesReal estate fund
Gross assets$424M
Minimum$500K
Owners175
AdviserHarbert Fund Advisors, Inc.
Harbert Infrastructure VI, LP
Delaware, United StatesPrivate equity fund
Gross assets$276M
Minimum$5.0M
Owners28
AdviserHarbert Fund Advisors, Inc.
Harbert Credit Solutions Fund IV, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$222M
Minimum$1.0M
Owners229
AdviserHarbert Fund Advisors, Inc.
Harbert Seniors Housing Fund II, LP
Delaware, United StatesReal estate fund
Gross assets$218M
Minimum$2.0M
Owners306
AdviserHarbert Fund Advisors, Inc.
Harbert United States Real Estate Fund VI, LP
Delaware, United StatesReal estate fund
Gross assets$196M
Minimum$500K
Owners152
AdviserHarbert Fund Advisors, Inc.
Harbert Growth Partners IV, LP
Delaware, United StatesVenture capital fund
Gross assets$117M
Minimum$500K
Owners53
AdviserHarbert Fund Advisors, Inc.
Harbert Power Fund V, LLC
Delaware, United StatesPrivate equity fund
Gross assets$104M
Minimum$5.0M
Owners61
AdviserHarbert Fund Advisors, Inc.
Harbert Seniors Housing Fund I, LP
Delaware, United StatesReal estate fund
Gross assets$101M
Minimum$2.0M
Owners200
AdviserHarbert Fund Advisors, Inc.
Harbert Growth Partners V, LP
Delaware, United StatesVenture capital fund
Gross assets$64.5M
Minimum$1.0M
Owners74
AdviserHarbert Fund Advisors, Inc.
Harbert Credit Solutions Fund V, LP
Delaware, United StatesPrivate equity fund
Gross assets$54.6M
Minimum$1.0M
Owners59
AdviserHarbert Fund Advisors, Inc.
Harbert Mezzanine Partners III , LP
Delaware, United StatesPrivate equity fund
Gross assets$53.6M
Minimum$500K
Owners76
AdviserHarbert Fund Advisors, Inc.
Harbert United States Real Estate Fund VIII, LP
Delaware, United StatesReal estate fund
Gross assets$53.3M
Minimum$500K
Owners129
AdviserHarbert Fund Advisors, Inc.
Husref VII Parallel Fund
LuxembourgReal estate fund
Gross assets$50.5M
Minimum$500K
Owners1
AdviserHarbert Fund Advisors, Inc.
Harbert 6beacon Fund LP
Delaware, United StatesHedge fund
Gross assets$44.0M
Minimum$1.0M
Owners5
AdviserHarbert Fund Advisors, Inc.
Harbert Discovery Fund, LP
Delaware, United StatesHedge fund
Gross assets$39.9M
Minimum$250K
Owners25
AdviserHarbert Fund Advisors, Inc.
Harbert European Real Estate Fund VI, L.P.
United KingdomReal estate fund
Gross assets$39.5M
Minimum$10.0M
Owners41
AdviserHarbert Fund Advisors, Inc.
HSH II Parallel Fund
LuxembourgReal estate fund
Gross assets$32.5M
Minimum$2.0M
Owners9
AdviserHarbert Fund Advisors, Inc.
Harbert Ch Arizona Investor, LP
Delaware, United StatesReal estate fund
Gross assets$31.6M
Minimum$100K
Owners31
AdviserHarbert Fund Advisors, Inc.
HSH II Parallel Fund II
LuxembourgReal estate fund
Gross assets$24.3M
Minimum$2.0M
Owners2
AdviserHarbert Fund Advisors, Inc.
Harbert European Real Estate Fund IV, LP
United KingdomReal estate fund
Gross assets$21.6M
Minimum$10.0M
Owners75
AdviserHarbert Fund Advisors, Inc.
Harbert Venture Partners III, LP
Delaware, United StatesVenture capital fund
Gross assets$20.2M
Minimum$500K
Owners37
AdviserHarbert Fund Advisors, Inc.
Harbert Power Fund V (Aiv), LLC
Delaware, United StatesPrivate equity fund
Gross assets$17.7M
Minimum$5.0M
Owners3
AdviserHarbert Fund Advisors, Inc.
HCSF IV Parallel Fund
Delaware, United StatesPrivate equity fund
Gross assets$13.5M
Minimum$1.0M
Owners3
AdviserHarbert Fund Advisors, Inc.
Harbert Mezzanine Partners II SBIC, LP
Delaware, United StatesPrivate fund
Gross assets$8.9M
Minimum$500K
Owners10
AdviserHarbert Fund Advisors, Inc.
Harbert Stoneview Opportunity Fund I, LP
Delaware, United StatesHedge fund
Gross assets$7.7M
Minimum$250K
Owners16
AdviserHarbert Fund Advisors, Inc.
Harbert United States Real Estate Fund V, LP
Delaware, United StatesReal estate fund
Gross assets$7.4M
Minimum$5.0M
Owners101
AdviserHarbert Fund Advisors, Inc.
Harbert Venture Partners II, LP
Delaware, United StatesVenture capital fund
Gross assets$678K
Minimum$250K
Owners48
AdviserHarbert Fund Advisors, Inc.
Harbert Mezzanine Partners II, LP
Delaware, United StatesPrivate equity fund
Gross assets$68K
Minimum$500K
Owners78
AdviserHarbert Fund Advisors, Inc.
As reported in the adviser's Form ADV filed Mar 29, 2024. Funds also listed from Form D are shown above.
Fund vehicles: feeder funds and single-deal vehicles (9)
Fund
Gross assets
Minimum
Owners
Adviser
Harbert Generate Co-Investment Fund, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$185M
Minimum$100K
Owners6
AdviserHarbert Fund Advisors, Inc.
Harbert Parkside Co-Investor, LP
Delaware, United StatesReal estate fund
Gross assets$118M
Minimum$100K
Owners28
AdviserHarbert Fund Advisors, Inc.
Husref VII Rtc Co-Investor, LP
Delaware, United StatesReal estate fund
Gross assets$62.7M
Minimum$500K
Owners6
AdviserHarbert Fund Advisors, Inc.
Harbert Pioneer Fund, LP
Delaware, United StatesHedge fund
Gross assets$50.9M
Minimum$1.0M
Owners17
AdviserHarbert Fund Advisors, Inc.
The Donerail Fund, LP
Delaware, United StatesHedge fund
Gross assets$35.6M
Minimum$5.0M
Owners29
AdviserHarbert Fund Advisors, Inc.
Harbert Stoneview Co-Investment I, LP
Delaware, United StatesHedge fund
Gross assets$34.4M
MinimumNone set
Owners55
AdviserHarbert Fund Advisors, Inc.
Harbert Stoneview Fund, LP
Delaware, United StatesHedge fund
Gross assets$25.2M
Minimum$1.0M
Owners76
AdviserHarbert Fund Advisors, Inc.
Harbert Opportunistic Offshore Capital, SPC, Donerail SP #3
Cayman IslandsHedge fund
Gross assets$6.6M
Minimum$100K
Owners3
AdviserHarbert Fund Advisors, Inc.
Harbert Discovery Co-Investment Fund I, LP
Delaware, United StatesHedge fund
Gross assets$4.0M
Minimum$250K
Owners12
AdviserHarbert Fund Advisors, Inc.
Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures