Harbert Venture fund at $56MM

TechJournalSouth reports Harbert Venture Fund has recruited about $56MM of its target $150MM raise for its IT- and healthcare-oriented fund. Harbert's mezzanine debt operation is based in Middle Tennessee, while the corporate headquarters is in Birmingham.

Harbert in $7.75M raise

Harbert Venture Partners, with more than $15B under management, is raising $7.75 million, according to this SEC placement filing. Harbert Management Corp. is headquartered in Birmingham, with the Venture Partners group centered in Richmond. Nashville is home to Harbert's Mezzanine fund. Related story, TJS.