HarbourVest opens Dublin office

HarbourVest Partners has opened an office in Dublin, Ireland. Craig MacDonald, a managing director at the firm, will oversee operations in Dublin.

PRESS RELEASE

BOSTON and DUBLIN – March 29, 2019 – HarbourVest Partners, a global private markets asset manager, today announced the opening of its office in Dublin, Ireland.

The new Dublin office expands the firm’s global footprint to ten locations, adding to its presence in Beijing, Bogota, Boston, Hong Kong, London, Seoul, Tel Aviv, Tokyo and Toronto. Craig MacDonald, Managing Director, HarbourVest Partners will oversee operations in Dublin.

The Dublin office will operate under HarbourVest Partners (Ireland) Limited (“HVPI”), which was established in September 2018. HVPI is authorized by the Central Bank of Ireland as an EU Alternative Investment Fund Manager (AIFM) to conduct regulated activities within the EU on behalf of Harbourvest. HVPI will be supervised by a Board of Directors including: Peter Wilson, Managing Director, HarbourVest Partners, Michael Morris, Non-Executive Director, Craig MacDonald, Managing Director, HarbourVest Partners, and Tom Coghlan, Non-Executive Director and Chair of the Board.

“We are pleased to receive authorization by the Central Bank of Ireland for our Irish AIFM which will ensure a seamless transition for our clients, our funds, and our business ahead of Brexit,” said Peter Wilson, Managing Director, HarbourVest. “HarbourVest has maintained a presence in London for nearly three decades and we are delighted to be expanding into Dublin, as we grow our footprint in private markets globally.”

The Dublin team will initially include eight employees from across the investment, investor relations, operations, and regulatory functions. Management of existing alternative investment funds will transition to Ireland, effective today.

For more information about HarbourVest, please visit https://www.harbourvest.com/

ABOUT HARBOURVEST
HarbourVest is an independent, global private markets asset manager with more than 36 years of experience and more than $58 billion in assets under management. The Firm’s powerful global platform offers clients investment opportunities through primary fund investments, secondary investments, and direct co-investments in commingled funds or separately managed accounts. HarbourVest has more than 500 employees, including more than 100 investment professionals across Asia, Europe, and the Americas. This global team has committed more than $35 billion to newly-formed funds, completed over $19 billion in secondary purchases, and invested over $9 billion directly in operating companies. Partnering with HarbourVest, clients have access to customized solutions, longstanding relationships, actionable insights, and proven results.