BIRMINGHAM, Ala., May 11, 2021 (GLOBE NEWSWIRE) — Harbert United States Real Estate Fund VII, L.P., along with its parallel fund (“HUSREF VII” or the ”Fund”), announces its final close, bringing in new equity commitments of approximately $96 million for a total fundraise of approximately $521 million, including co-investment capital. The Fund includes significant institutional investors from across the United States and Europe. The U.S. Real Estate strategy, sponsored by Harbert Management Corporation (“HMC”) has a 25-year track record of success including 125 investments totaling approximately $5.0 billion in volume. “Our U.S. Real Estate team has delivered strong and consistent performance to our limited partners. The success of this fundraise and the quality of the investor base highlights the strength of the Investment Team and the depth of supporting infrastructure. We are grateful for the trust that a growing…

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