Form D · Hedge Fund

Harbert Discovery Fund, LP

Birmingham, AL · CIK 0001626127

Offering snapshot reported Nov 1, 2024 · SEC filing

Reported sold
$48.5M
Indefinite offering
Investors reported
35
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Nov 10, 2014
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$24.2M$48.5MNov 25, 2014: $19,950,000.00Nov 25, 2014Nov 20, 2015: $25,350,000.00Nov 10, 2016: $26,550,000.00Nov 9, 2017: $47,350,000.00Nov 9, 2018: $47,550,000.00Nov 8, 2019: $48,400,000.00Nov 6, 2020: $48,400,000.00Nov 5, 2021: $48,470,000.00Nov 4, 2022: $48,470,000.00Nov 2, 2023: $48,470,000.00Nov 1, 2024: $48,470,000.00Nov 1, 2024

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Nov 1, 2024Amendment$48,470,000$0vs Nov 2, 202335SEC filing
Nov 2, 2023Amendment$48,470,000$0vs Nov 4, 202235SEC filing
Nov 4, 2022Amendment$48,470,000$0vs Nov 5, 202135SEC filing
Nov 5, 2021Amendment$48,470,000$70,000vs Nov 6, 202035SEC filing
Nov 6, 2020Amendment$48,400,000$0vs Nov 8, 201935SEC filing
Nov 8, 2019Amendment$48,400,000$850,000vs Nov 9, 201835SEC filing
Nov 9, 2018Amendment$47,550,000$200,000vs Nov 9, 201732SEC filing
Nov 9, 2017Amendment$47,350,000$20,800,000vs Nov 10, 201632SEC filing
Nov 10, 2016Amendment$26,550,000$1,200,000vs Nov 20, 201516SEC filing
Nov 20, 2015Amendment$25,350,000$5,400,000vs Nov 25, 201413SEC filing
Nov 25, 2014Initial$19,950,000No comparison9SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-228990
HMC Investments Inc. ("HMCI"), an affiliate of the Issuer, serves as the Issuer's placement agent. The Issuer's Investment Advisor pays all fees of HMCI, none of which are based on sales volumes.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
HMC Investments, Inc.000040581

Source: Form D, filed Nov 1, 2024. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

HARBERT DISCOVERY FUND, LP

Investment adviser: HARBERT FUND ADVISORS, LLC

Gross asset value
$5.49M
Beneficial owners
25
ADV minimum commitment
$250K

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor WARREN AVERETT, LLC BIRMINGHAM, Alabama, United States
Custodian BTIG, LLC SAN FRANCISCO, California, United States Related to adviser: No
Custodian GOLDMAN, SACHS & CO. NEW YORK, New York, United States Related to adviser: No
Prime broker BTIG, LLC SAN FRANCISCO, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

WARREN AVERETT, LLC
PCAOB 2226

BTIG, LLC
SEC 8-65473

BTIG, LLC
CRD 122225 · SEC 8-65473

Filing source

Form ADV 2055218 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-6856529644

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
David A. Boutwell Executive
Harbert Discovery Fund Gp, Llc Executive
Harbert Fund Advisors, Inc. Executive
Harbert Management Corporation Executive
Harbert Microcap Partners Fund Gp, Llc Executive, Promoter
Harbert Micro Cap Partners Fund Gp, Llc Executive
Michael D. Luce Executive
John W. Mc Cullough Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Harbert Discovery Fund Gp, Llc 2100 Third Avenue North, Suite 600
Birmingham, AL, 35203