Harbert Management Corporation Announces the Promotion of John W. McCullough

BIRMINGHAM, AL--(Marketwired - February 03, 2016) - Harbert Management Corporation ("HMC") has announced the promotion of John W. McCullough from Senior Vice President to Executive Vice President, and additionally, he has been elected to the Executive Committee of HMC. He will continue in his roles as General Counsel and Secretary of HMC.

Mr. McCullough joined HMC in 2006 as a Vice President and Associate General Counsel. He was appointed to Senior Vice President and General Counsel effective March 9, 2009 and was elected to serve on the Board of Directors in 2014. Before joining HMC, Mr. McCullough was a partner in the law firm of Balch & Bingham LLP and Associate General Counsel of a publicly traded client of that firm.

Mr. McCullough is active in the community, currently serving as a member of the Board of Directors of the Economic Development Partnership of Alabama, the United Way of Central Alabama and a member of the Board of Trustees of McWane Science Center, a science museum and early learning center in Birmingham, Alabama. Mr. McCullough received a Bachelor of Arts in Economics from Washington and Lee University and received a law degree from the Cumberland School of Law of Samford University.

Harbert Management Corporation

Harbert Management Corporation ("HMC") is an investment management firm focusing on alternative assets, with approximately $4.0 billion in Regulatory Assets Under Management as of December 31, 2015; asset classes include: U.S. Real Estate, European Real Estate, U.S. Private Equity, Venture Capital, U.S. 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.