BIRMINGHAM, AL--(Marketwired - December 18, 2015) - Raymond Harbert, Chairman and CEO of Harbert Management Company, announced the promotion of David Williams to President and Chief Executive Officer of Harbert Realty Services effective January 1, 2016.
David joined HRS in 1998 as Vice President/National Accounts Manager. He was promoted to Executive Vice President and Managing Director of Corporate Services in 2000. In November 2005, David was promoted to Executive Vice President and Chief Operating Officer.
About Harbert Management Corporation
Harbert Management Corporation ("HMC") is an investment management firm focusing on alternative assets, with approximately $4.0 billion in assets and committed capital under management as of December 1, 2015; asset classes include: US Real Estate, European Real Estate, US Private Equity, Venture Capital, US Mezzanine Debt, European Growth Capital, Independent Power, and Hedge Funds. HMC is headquartered in Birmingham, Alabama USA and has offices in Atlanta, Dallas, Nashville, New York, Richmond, San Francisco, London, Madrid and Paris. HMC and its affiliates make significant co-investments on the same terms as other investors in all their sponsored funds helping ensure a sharp focus on returns and strict controls around back office, legal, compliance and reporting.
About Harbert Realty Services, Inc.
Harbert Realty Services ("HRS"), a Birmingham-based commercial real estate firm offers clients expertise in a full range of commercial real estate services including brokerage, development, management and investment sales. As a majority owned subsidiary of HMC (www.harbert.net), HRS's mix of experience, resources and national reach offers clients one of the most comprehensive arrays of customized services in the commercial real estate market. For more information on current commercial real estate opportunities visit their website at www.harbertrealty.com or contact them at 205-323-2020.
Contact Information:
Harbert Management Corporation
Marijane Hudson
205-987-5708