# HarbourVest Partners

> HarbourVest Partners is an independent, Boston-based private markets firm that gives institutions and, increasingly, individuals a single door into private equity, secondaries, co-investments, private credit, and infrastructure. Spun out of John Hancock in 1997 and founded in 1982, it now manages roughly $161 billion across a global platform of 14 offices, backing thousands of underlying funds rather than picking single companies.

- **Founded:** 1982
- **Headquarters:** Boston, Massachusetts, United States
- **Founders:** Brooks Zug (Co-founder / Senior Managing Director), Edward Kane (Co-founder)
- **Team size:** ~1,700 employees globally (~230 investment professionals)
- **Products:** Primary Fund Investments, Secondary Investments, Direct Co-Investments, Private Credit, Real Assets & Infrastructure
- **Notable:** Grew assets under management from roughly $36 billion to approximately $161 billion under its recent leadership team., Closed its 13th US flagship primary fund at ~$2.4 billion (2026)., Closed an inaugural Private Equity Continuation Solutions (PECS) fund at over $1.1 billion (2026).

## Products & services

- **Primary Fund Investments** — Commitments to newly raised private equity, venture, and buyout funds, giving clients diversified early access to top managers.
- **Secondary Investments** — Buying existing stakes in private funds and GP-led continuation vehicles, providing liquidity to sellers and vintage diversification to buyers.
- **Direct Co-Investments** — Investing directly alongside partner funds in individual companies, often at reduced or no fees.
- **Private Credit** — Direct lending and credit strategies across the private markets platform.
- **Real Assets & Infrastructure** — Investments in infrastructure and real assets for long-duration, inflation-aware exposure.
- **HVPE (HarbourVest Global Private Equity)** — London Stock Exchange-listed investment vehicle offering public access to a diversified HarbourVest private-equity portfolio; a FTSE 250 constituent.
- **Custom & Private Wealth Solutions** — Separately managed accounts, custom mandates, and feeder structures bringing private markets to intermediaries and individual investors.

## Achievements

- Grew assets under management from roughly $36 billion to approximately $161 billion under its recent leadership team.
- Closed its 13th US flagship primary fund at ~$2.4 billion (2026).
- Closed an inaugural Private Equity Continuation Solutions (PECS) fund at over $1.1 billion (2026).
- Topped $4 billion in a co-investment fund targeting AI and mid-market buyouts (2026).
- Celebrated 40 years in business in 2022.
- Ranked among the top ~50 global PE firms in the PEI 300 (2024).
- PRI signatory since 2013 and former iCI Global Coordinator (2022-2023).

## Latest updates

- **2026-07** — Co-investment fund topped $4 billion, targeting AI and mid-market buyouts.
- **2026-04** — Closed its 13th US flagship primary fund at approximately $2.4 billion.
- **2026-02** — Closed its inaugural Private Equity Continuation Solutions (PECS) fund at over $1.1 billion.
- **2026-01** — Reported approximately $161 billion in AUM as of December 31, 2025.
- **2025-01** — Hired Raymond Ahn (CMO) and Jon Thomas (CAO); expanded private-wealth leadership.
- **2024-10** — John Toomey became sole CEO; Co-CEO Peter Wilson began a planned retirement through end of 2025.

## Links

- Website: https://harbourvest.com
- LinkedIn: https://www.linkedin.com/company/harbourvest-partners
- Instagram: https://www.instagram.com/harbourvestpartners/

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Profile page: https://yespress.io/harbourvest-partners
Published by YesPress — https://yespress.io
Last updated: 2026-08-16